Factors that have contributed to dramatic growth in health care spending over the past 50 years; and

You are the Chief Operating Officer of a large healthcare system, composed of acute, long-term care, and community-based organizations in addition to long-term care managed care plans.
Given your current studies in health policy and management, the Chief Executive Officer of this large healthcare system has requested that you prepare a high-level briefing for the system’s Board of Directors in which you describe:
Factors that have contributed to dramatic growth in health care spending over the past 50 years; and
How health care payment and delivery models are transforming to promote greater accountability for cost and quality in the health care system.
Provide your interpretation of the circumstances and how it could affect the organization’s operational budget (positive or negative?)
Use the Memorandum template below to complete this assignment. – see attached for template
Please conclude your memo with your analysis of the most promising approaches for constraining cost growth while maintaining or improving quality, as well as the limitations or open questions that accompany new reimbursement and delivery models that are intended to promote “accountable care.”
Adhere to the following guidelines when submitting your assignment:
The memo must be four (4) pages in length.
Include references to course readings as well as any relevant outside sources that support your analysis.
Citations and a references page (not included in page length) are required.
Utilize Grammarly to ensure proper spelling and grammar
Include the word count, excluding quotes from references, and the Grammarly Performance Score.

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