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Question: Discuss about theInternational Consortium for Health Outcomes Measurement. Answer: Introduction: ICHOM (The International Consortium for Health Outcomes Measurement) is a non-profit organization which is founded by the three leaders in 2012 Michael Porter of the Harvard Business School, Martin Ingvar of the Karolinska Institute and the Boston Consulting Group, with the theoretical background of providing the value based health care system (ICHOM, 2018). The mission of the organisation is to unlock the potential of value-based health care by defining global Standard Sets of outcome measures that really matter to patients for the most relevant medical conditions and by driving adoption and reporting of these measures worldwide (Dahlberg, 2016). Utilization management The organisation through a certain set of standards is transforming the health care system around the globe with a reduction in the usage of the unnecessary medical resources by measuring and reporting the outcomes of the patients in a standardised way. Utilization management results ICHOM through certain techniques reduces managing cost of the health care without reducing the standards of the care (Klein, 2015). ICHOM through utilization management is to measure the patient outcomes that majorly matters to the patients(Klein, 2015). In terms of the utilization management, the organisation is to arrange groundwork for the significant value based system of the health care organisation. The long term goals of the organisation through utilization management are to deliver the best health care services (Spielthenner, 2015). The main concern of the organisation is to maintain the balance between the quality health care benefits and the medical necessities for getting the value based health care system. Value= Health outcome /Assigned resources Aligning patient, financier and profession interests (Dahlberg, 2016) As a result of the increasing cost of the health care, there are certain changes in the reimbursement strategies which in turn are affecting the services related to the health care. The standardised approach of the organisation helps it to compare the outcomes across the different cultures. This helps the organisation to be focused on the patient's value care and not only to lower the costs. ICHOM through the services is to create such an environment where the patients can ask the health care professionals about the significant outcomes and the professionals can also reply with the answers that are data driven (Kelley, 2015). The focus is to improve the patient and health care professionals relationship with the new definition of the success that transforms the health care system in many significant ways. The review concepts related to the medical necessity are applied by the organisation is for validating the required medical services and if the duration of the services that is requested is within the defined range and the requirement of the services is to be appropriate in the situation (Spielthenner, 2015). ICHOM covers all the surgical and health care services with an eye of improving certain functions in the situations of the future. Reviewing the concepts such as the admission review, preadmission, discharge planning and the high cost management goal is to guarantee that the patients are receiving the most favourable care, but certain inpatient actions are cautiously managed to supply enhanced outcomes while at the same time managing resources. Cautious analysis of patient care consent to the expansion of upgrading plans to optimize conclusion for prospect patients. Developing standards: ICHOM has recognized a certain set of standards for the thirteen different conditions which covers around 35% of the disease burden globally. ICHOM is presently working with the health systems and innovative providers worldwide for supporting the adoption of such standard sets (Kelley, 2015). ICHOM is establishing such healthcare organizations to facilitate and measure Patient-Reported Outcome, and improve, demonstrate better outcomes, earn respect, attract patients and turn out to be leaders amongst their peers (Kelley, 2015). Delphi techniques were used to define, track and measures the outcomes of the patients and improving the outcomes related to the patient care (Snozek, Kaleta Hernandez, 2014). The developing standards encompass the certain range of the outcomes that related to the morbidity, mortality and the health status of the patients that is the functional status, symptoms, and quality of life relate to health (Kelley, 2015). The organisation is developing standards with the reduction in the cost of the health care if the treatment decision that is made by the physician is based on the outcomes than patients are probable to receive elevated quality care (Snozek, Kaleta Hernandez, 2014). This lessens the costs related to the health care with the prevention of the unnecessary treatments and medical errors and is financially improved for payers. It makes sure payers merely pay for services which achieve results so money is not spent on the avoidable costs. Standard sets focus on achieving the health status and then the process of recovery and finally health sustainability (Kelley, 2015). Key performance Indicators: KPIs suitably explain compound organisational goals; the central goal of the health care is helping the patients: cure their illness, alleviate their distress, and help in managing the health over time (Ng Harrison, 2010). Performing this in an efficient and effective way one needs the outcomes data. KPIs such as readmission rates; mortality; infection rates; falls; supporting the decision making as an ethical imperative for the health care professionals for measuring the outcomes and comparing the results (Ng Harrison, 2010). A partnership approach to the patient and the health care professionals is done for treating the critical conditions. Yes, they are the accreditation bodies as it is clinical led and measure the outcomes which matter to the patients at the most. ICHOM globally works under certain standard sets that are international and enables to benchmark the outcomes. (Ng Harrison, 2010). The focus of the Key Performance indicators is to deliver the best health care to th e patients. Conclusion: The organization believes in the standardized approach globally as a result of a reduction in the costs of health care, worldwide collaboration, accommodating globally. The standards of the organizations with reducing the cost of the health care and top completely focus on the care of the patients. Utilization management in the health care transforms the health care standards and thus provides the best health care services globally. References Dahlberg, L. (2016). ICHOM Standard Set for monitoring knee and hip osteoarthritis.Osteoarthritis And Cartilage,24, S436-S437. ICHOM, (2018). How we work | ICHOM International Consortium for Health Outcomes Measurement. (2018).Ichom.org. Retrieved 6 April 2018, from https://www.ichom.org/how-we-work/ Kelley, T. (2015). International Consortium for Health Outcomes Measurement (ICHOM).Trials,16(S3), 4-5. Klein, V. (2015). Delivering safe and trusted healthcare-Patient-centered and value-based.Journal Of Healthcare Risk Management,35(2), 7-7. Ng, J., Harrison, J. (2010). Key performance indicators for clinical pharmacy services in New Zealand public hospitals: stakeholder perspectives.Journal Of Pharmaceutical Health Services Research,1(2), 75-84. Snozek, C., Kaleta, E., Hernandez, J. (2014). Management structure: Establishing a laboratory utilization program and tools for utilization management.Clinica Chimica Acta,427, 118-122. Spielthenner, G. (2015). The Principle-Based Method of Practical Ethics.Health Care Analysis,25(3), 275-289.