The Triple-Aim Approach of Banner Health Network: Delivering High-Quality Care, Improving Health Outcomes, and Lowering Costs
Banner Health Network is a non-profit health system that focuses on delivering high-quality, patient-centered care while also ensuring better health outcomes and lower costs. The Triple Aim Approach is a framework adopted by Banner Health Network that enables them to achieve these goals.
What is the Triple Aim Approach?
The Triple Aim Approach is a framework developed by the Institute for Healthcare Improvement (IHI) that aims to improve the healthcare system by focusing on three key objectives:
1. Improving the patient’s experience of care
2. Improving the health of populations
3. Reducing the per capita cost of healthcare.
These goals are interconnected and work together to drive better care delivery, health outcomes, and cost savings. By adopting the Triple Aim Approach, Banner Health can better understand and manage their patients’ needs and preferences while also ensuring that they provide high-value care.
How does Banner Health Network Deliver High-Quality Care?
Banner Health Network adopts a patient-centric approach to care delivery where the patient’s needs, preferences, and values are taken into consideration when developing care plans. This approach is designed to create a supportive and collaborative partnership between the patient, their family, and the healthcare team.
Banner Health Network also invests in advanced technology and medical research to provide accurate diagnosis, treatment, and outcomes. They offer a wide range of services such as telehealth visits, virtual care, telemonitoring, and disease management programs. These services provide patients with access to care beyond traditional in-person visits and help them manage their health more effectively.
Another way Banner Health Network delivers high-quality care is through their care coordination system. They use a team-based approach that includes primary care providers, specialists, nurses, and other healthcare professionals to provide integrated, comprehensive care to patients. This approach ensures that patients receive the right care at the right time, avoiding unnecessary hospital admissions and cost.
How does Banner Health Network Improve Health Outcomes?
Banner Health Network focuses on improving health outcomes by addressing the social determinants of health, promoting population health management, and providing preventive care. They work with community organizations, government agencies, and other healthcare providers to address the root causes of health problems and improve access to care for underserved populations.
One example of how Banner Health Network aims to improve health outcomes is through their Banner Social Health and Community Resource Centers. These centers provide support for patients with social needs like housing, food, or transportation. By addressing these needs, patients can focus on their health, leading to better outcomes and reduced healthcare costs.
Banner Health also offers preventive care services like cancer screenings, vaccinations, and wellness exams. By focusing on early detection and disease prevention, Banner Health can improve health outcomes and avoid costly episodes of care.
How does Banner Health Network Lower Healthcare Costs?
Banner Health Network focuses on lowering healthcare costs through process improvement, value-based care, and alternative payment models. By using a data-driven approach, Banner Health Network can identify areas of inefficiency and waste, leading to cost savings.
Banner Health Network also uses value-based care models to encourage quality care delivery. This means that healthcare providers are paid based on patient outcomes rather than the number of services provided. This approach incentivizes healthcare providers to focus on preventive care, chronic disease management, and patient satisfaction, leading to better outcomes and reduced costs.
Additionally, Banner Health Network uses alternative payment models such as bundled payments, shared savings, and risk-based contracts to align provider incentives with the Triple Aim objectives. These models support cost-effective care delivery while promoting positive patient outcomes.
Conclusion
The Triple Aim Approach is a powerful framework that enables Banner Health Network to deliver high-quality care, improve health outcomes, and lower healthcare costs. By focusing on patient-centric care delivery, preventive care, social determinants of health, and alternative payment models, Banner Health Network is transforming the healthcare industry and improving the lives of patients across the country.
