Question.5418 - Module 3 DiscussionDiscussion InstructionPurpose of this DiscussionTo solidify our understanding of the various reimbursement methodologies by discussing the benefits and challenges of the various payment methods.InstructionsPick a couple of reimbursement methods and compare and contrast them. What works well and what doesn't work well?
Answer Below:
In xxx management xx healthcare xxxxx reimbursement xxxxxxxxxxxxx can xxxxxx patient xxxxxxxx by xxxxxxxx on xxx common xxxxxx as xxxxxxxxxxxxxxx FFS xxx Value-Based xxxxxxx VBP xxxx having xxxxxxxx benefits xxx challenges xxxxxxxxxxxxxxx FFS xxxx reimburses xxxxxxxxx based xx the xxxxxx and xxxx of xxxxxxxx performed xxxxx this xxxxx ensures xxxxxxxxx receive xxxxxxx for xxxxx test xxxxxxxxx or xxxxxxxxxxxx Babb xxxx process xx highly xxxxxx and xxxxxxxxxxx for xxxxxxxxx ensuring xxxxxx revenue xxx increasing xxxxxx to x broad xxxxx of xxxxxxxx for xxxxxxxx On xxx other xxxx it xxxxx incentives xxx efficiency xx quality xxxxxxxxxxx leading xx unnecessary xxxxxxxxxx Value-Based xxxxxxx VBP xxx has xxxx based xx the xxxxxxxx to xxxxxxxxxxx patient xxxxxxxx efficiency xxx quality xxxxxxx This xxxxx focused xx approaches xxxxxxxxx bundled xxxxxxxx and xxxxxxxxxxx care xxxxxxxxxxxxx ACQs xxxxxx providers xxx cost-effective xxx high-quality xxxx Edmiston xxxx model xx highly xxxxxxxxxx as xx focuses xx improving xxx overall xxxxxxx outcomes xxxxxxx of xxxxxxx on xxx service xxxxxx Apart xxxx this xx even xxxxxxxxxx coordinated xxxx reducing xxxxxxxx readmissions xxx unnecessary xxxxxxxxxx aligning xxxxxxxxxxxxx with xxxxxxxxxx incentives xxx long-term xxxxxxx health xx the xxxxxxxx this xxxxxxxxxxxxxx has xxxx complex xxx requires xxxxxxxxx data xx order xx track xxx record xxxxxxx data xx may xxxx discourage xxx treatment xx high-risk xxxxxxxxxxx due xx performance xxxxxxxxxx Hence xx can xx visualized xxxx FFS xxxxxxx service xxxxxxxxxxxxx however xx may xxxx to xxxxxxxxx healthcare xxxxxxxx On xxx other xxxx VBP xxx been xxxxxxxxx quality xxxx however xx creates xxxxxxxxx risks xxx providers xx this xxxxxxxx a xxxxxx approach xxxxxxxxx both xxxxxx could xxxxxxx financial xxxxxxxxxxxxxx and xxxxxxx improvement xxxxxxxxxxxxxx M xxxxxxxxx Health-Related xxxxxxxx for xxxxxxxxxxx Enrolled xx Medicare xxxxxxx Care xxxxx vs xxxxxxxx Fee xxx Service xxxxx Master's xxxxxx Tufts xxxxxxxxxx Edmiston x D xxxxxxxxxxx payment xxxxxx value-based xxxxxxxx and xxxxxx disparities xxxxxx for xxxxxxxxx Policy xxxxxxxx Report xx the xxxxxxxx Association xx Insurance xxxxxxxxxxxxxMore Articles From HCA 6100 Introduction to Healthcare Administration