Triple Aim Initiative
With rare exceptions, the US health care as a system is disjointed, inefficient and ineffective in promoting population health and in providing full value for the resources invested. This occurs despite the good intentions of clinicians, health care administrators and other participants in the system. Other developed nations receive far better value for the resources invested as evidenced by better population health outcomes, and lower per capita cost of care. The Institute for Healthcare Improvement is pursuing an ambitious plan to address and improve the relatively high cost and poor quality of the US health care system. This initiative is referred to as the Triple Aim.
The Institute for Healthcare Improvement (IHI) believes that new designs can and must be developed to simultaneously accomplish three critical objectives:
- Improve the health of the population;
- Enhance the patient experience of care (including quality, access, and reliability); and
- Reduce, or at least control, the per capita cost of care.
In October of 2007 IHI began the Triple Aim initiative by partnering with a group of 15 organizations in the US, England and Sweden. In the summer of 2008 this group was expanded to over 40 organizations from the US, Canada, England, Scotland, and Sweden. Palmetto Health is currently participating, along over 60 other organizations, in the fifth phase of the Triple Aim Initiative. This phase began in December of 2010 and will end in August of 2011.