Reforms And Collaborative Leadership In Healthcare

Running head: REFORMS AND COLLABORATIVE LEADERSHIP 1

Reforms and Collaborative Leadership in Healthcare

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REFORMS AND COLLABORATIVE LEADERSHIP 2

Reforms and Collaborative Leadership in Healthcare

Ways in Which Healthcare Reform Has Affected and May Affect the Financial Delivery of

Healthcare Today and in the Future

The health reform legislation of 2010 introduced changes to the payment and delivery

system with the aim of stopping the growing cost of health care in the United States. Mostly, its

effects are felt in the overall budget allocated to medical facilities as well as insurance coverage.

In this regard, the federal government spends a substantial amount of funds to cover families that

struggle with hospital insurance. The legislation changes introduced in the medical sector affect

national health expenditures through increased medical and administration costs.

The health care changes have extended health insurance coverage to all Americans. As a

result, medical spending has increased. According to Leonard (2016), the federal government

spent $936 billion on health care programs in 2015. The amount, which catered for Medicaid,

Medicare, tax subsidies, and Children's Health Insurance program, is higher than that of social

security. Furthermore, it is expected to increase in the future as the baby boomers come of age

and continue to enroll in the program. As such, it is evident that the financial delivery of

healthcare today is high, and it is projected to increase in the future.

At the time of inception of the Affordable Care Act, there were high hopes that the

administrative costs would reduce considerably. This belief arose from the assumption that the

government would help people get health care more easily or at a cheaper price. However, the

reform increased the expenses of the private health insurance. For example, the total

administrative costs per person rose from $414 in 2013 to $893 in 2014 (Book, 2017). In this

regard, the changes affected the healthcare industry negatively and will impact its financial

delivery in the future.

REFORMS AND COLLABORATIVE LEADERSHIP 3

The Importance of Collaborative Leadership in Today's Complex and Changing

Healthcare Industry

An organization that adopts collaborative leadership recruits personnel who can achieve

effective results using efficient mechanisms across its internal and external boundaries.

Healthcare environment, like other sectors, is becoming increasingly complicated. To this effect,

medical practitioners must be intelligent and resourceful, which can be achieved through

collaborative leadership (Atkinson, 2011). Patient-care teams that work together are essential in

ensuring that medical services are not left to the technical experts only. On the contrary, there is

a need to have an effective leadership as well as a vocal staff for presenting medical issues.

Also, hospitals incorporate business-minded clinicians who understand business strategy.

Given the increasing need for accountability, resource management is a crucial ingredient of the

day-to-day operations in the health sector. As such, leaders collaborate to oversee employee

engagement, financial performance, and patient satisfaction as well as the overall results. This

way, the industry upholds transparency and integrity in all its engagements. Also, contemporary

health care stewards need entrepreneurial skills that help them generate new ideas and seize new

opportunities. For example, they are supposed to be innovative and be ready to embrace cost-

effective patient care methods. Notably, as healthcare reforms unfold, they bring along better

ways of managing costs without compromising the objectives of the industry.

Besides that, collaborative leadership includes larger talent pool, which transcends the

traditional healthcare specialty. Given the new structures and models designed for the current

reforms, there is a need for leaders to work together in the creation and implementation of

solutions to issues affecting such changes. The primary objective of health care is to provide

REFORMS AND COLLABORATIVE LEADERSHIP 4

qualified and compassionate patient care. Consequently, medics should work harmoniously to

create a culture that emphasizes and observes professional practice and mutual respect.

REFORMS AND COLLABORATIVE LEADERSHIP 5

References

Atkinson, W. K. (2011). Collaboration is key to healthcare reform success. Journal of

Emergency Medical Services. Retrieved from

http://www.jems.com/articles/print/volume-36/issue-5/administration-and-

leadership/collaboration-key-healthcare-r.html

Book, R. (2017). The ACA increased, rather than decreased, administrative costs of health

insurance. Forbes. Retrieved from

https://www.forbes.com/sites/theapothecary/2017/02/01/the-aca-increased-rather-than-

decreased-administrative-costs-of-health-insurance/#31c7a2a09e77

Leonard, K. (2016). For the first time, health care spending higher than social security. U.S.

News. Retrieved from https://www.usnews.com/news/articles/2016-01-25/health-care-

programs-contribute-to-increasing-federal-deficit

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