Efficacious Study of Specific Co-Creation Policies in the Healthcare Ecosystem: The Synergy Between Healthcare Providers, Policymakers, and Seekers

Efficacious Study of Specific Co-Creation Policies in the Healthcare Ecosystem: The Synergy Between Healthcare Providers, Policymakers, and Seekers

Shagun Adlakha (Department of Commerce, St. Xavier's PG College, India & Rajasthan University, Jaipur, India), Deepak Chhabra (Maharshi Dayanand University, India) and Rajat Vashistha (Department of Science and Technology, Vigyan Prasar, India)
Copyright: © 2020 |Pages: 22
DOI: 10.4018/978-1-5225-9940-1.ch011

Abstract

Co-creation involves amalgamation of essential layers of an ecosystem to work together for enhancing whole sum effectiveness. In context of healthcare ecosystem, co-creation is vital as it synergizes dependency of providers, policymakers, and seekers. Also, for assessing patient centric approaches where priority is patient prerequisites, the term specific promotes co-creation in a refined manner. Therefore, this chapter reviews the influence of specific co-creation practices in health care ecosystems by analyzing development and empirical validation along with quantitative and qualitative measures for interactions between actors. Furthermore, proximity between different actors is outlined in terms of physical space, psychological space, and symbolic space. The relationships between actors in the ecosystem using different models of bonding, bridging, and linking are also investigated in lieu of merits and demerits of environmental jolts. It is revealed how adopting a patient-centric care approach changes the co-creation practices with different case studies of patients.
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Healthcare Ecosystems And Co-Creation Practices

The Patient Protection and Affordable Care Act 2010, (also known as Obama care) aims to enhance access to health insurance coverage predominantly for those who got trapped in the public and private insurance frameworks in the US (Huntington et al., 2011). It essentially deciphers the substantial stages of co-creation practices in terms of the benefits to the actors at each level of ecosystem, including patients (micro level), hospitals (meso level), state health authorities (macro level) or government(mega level).It not only provides free or minimal cost health coverage to low-income people, families, old aged, children, pregnant women, and people with disabilities to the people with Medicaid Insurance program (Taubman et al., 2014). But also enabled patients to explore services that would have not obtained otherwise, particularly behavioral health services, specialty services, medications etc. Reports too signify high satisfaction level within the citizens with this insurance scheme as it delivers ease of finding doctors with affordability and access to qualitative care.

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