DISEASE MANAGEMENT

Cost Containment in Disease Management Instructions

Cost Containment in Disease Management Instructions

The process of maintaining organizational costs within a specified budget, restraining expenditures to meet organizational or project financial targets is known as cost containment. There is a realized need to cut down on the expenses of total medical expenditure through efficient and effective utilization of available resource.

Faced with severe budgetary constraints and the rapid growth of Medicaid budgets, States have implemented new strategies to reduce the cost of caring for patients related to costly chronic diseases. Chronic diseases such as cardiovascular disease (mainly heart disease and stroke), asthma, cancer ...