As health care organizations evolve, their strategies to include population health, the total cost, episode and subsequently value of care provided will be determined by patient outcomes. And this means finding the right balance between Cost, Quality and Outcomes is no longer a nice-to-have sentiment; it will be critical to sustaining one's viability across clinical, financial and operational domains.
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The Institute for Healthcare Improvement (IHI) Triple Aim is a framework developed to describe an approach to optimizing health system performance.
The Triple Aim calls for: