Health Care Economics

Health Care Economics

Introduction

The report is related to medicine which has been focused on improving and assessing the quality of health care among the nation. As the concerns related to health care are increasing; thus, this report plays a very effective role in enhancing the cost and quality of existing health care systems. In the year 1996, many reports were launched by the Institute of Medicine. These reports were named as Quality Chasm Series. These reports focused on improving and evaluating the quality and cost of the nation's health care system (Aspden et al., 2013). Methods which are helpful in preventing possible and existing medication errors are incorporated in new volumes of the series. These reports have been useful in setting forth the required agenda in order to improve and enhance the security of medication use. The report starts with the provision of system's overview for drug development, use, regulation and distribution (Aspden et al., 2013).

Peer-reviewed literature has also been examined in “preventing medication errors”. This literature examined the effectiveness of the strategies of preventing errors as well as the medication cost. The book presents data which will help in fostering the decrement in medication errors. Action agendas are incorporated within the book which helps in detailing the required measures which are necessary for the improvement of safety and security of medication use in long-term as well as short-term (Aspden et al., 2013). Major health care providers, patients, legislators, purchasers of group health care, health care organizations and all such groups and individuals who provide medication related or medication services and products will be able to take advantage from this guide. This guide will help in reducing the medication errors which are growing in the current system of health care (Aspden et al., 2013).

Discussion

The medication's usage is ...