Long-term care financing: Promoting quality and value in long-term care

Overview

The COVID-19 pandemic exposed long-standing quality and safety problems in long-term care (LTC) institutions that resulted in shockingly high rates of preventable mortality among vulnerable older persons.

A fundamental prerequisite in delivering, monitoring and financing LTC services is to build systems that set forth quality principles and standards that apply across the broad range of LTC delivery settings.

Investing in strong quality assurance frameworks is essential to deliver, monitor and pay for quality LTC; this includes developing and implementing accreditation and regulatory systems for institutions and community care providers.