1).
The two compensation plans used by the Mapleton Family Medicine practice are, quality-focused, and productivity-focused pay for performance incentives. In the case of pay for performance that focuses on productivity, the profitability of an organization is to be improved by combining the financial incentives and individual employee productivity.
In the case of pay for performance that focuses on quality, the healthcare outcomes are improved by including the programs reward activities and practices. It also includes the prevention strategies, up-to-date patient vaccinations, reducing the medical errors, and adhering to the evidence-based medical practices.
In this case, the owners are expecting improved productivity in which more patients are visiting the physician per day, and the improvement in quality are expected in multiple areas, i.e. patient satisfaction, compliance in immunization, and reducing the wait time for appointments. In order to achieve this, they need to include incentives to each of the areas (piece-rate incentives) instead of providing incentives as a whole. This help in improving the physicians focus on all areas, so the overall improvement in the expected areas can be achieved.
Read Answer 3 questions Experiential Exercises Mapleton Family Medicine is a physician group practice lesated in...
Scenario: Happy Valley Family Medicine is a mid-size physician practice, affiliated with an academic medical center. There are three physicians in the practice, along with three nurses, two physician assistants, and an office staff of four to handle appointments, billing, and other office activities. Currently the practice still maintains a paper-based record system. The medical center has an electronic medical record system and is in the process of requesting all affiliated physician practices to adopt the same system, to facilitate...
2. Northeast Medical Group, a family practice, has the following financial data and operational metrics: Number of physicians Total revenue Total operating costs Total procedures per physician Patients per physician Visits per physician 2,748,360 1,557,615 12,353 1,941 5,333 a. What is the group's revenue per physician? b. What is the group's operating cost per physician? c. What is the group's total operating profit? d. Using your answer in letter C, what is the group's profit per physician? In letter c,...
You are the administrator of a large family practice clinic in a community with a population of 20,000 residents. You have five physicians and two nurse practitioners (NP) in the practice. You also have two nurses, three medical assistants, a medical record clerk and a billing specialist. Your clinic is the largest in the county and the nearest large city with a population 100,000 or more is two hours away. Your clinic is wholly owned by the physicians of the...
I need help with this. which are the medicare and medicaid reimbursement rates? You’ve been asked to help a group of local primary care practice make a decision about the future of their practice. This group of six Family Practitioners has been making ends meet, but they feel that challenges are coming that may force them to rethink the structure of their practice. They have a normal mix of Medicare, Medicaid and Commercial patients. Their revenue comes mainly from direct...
Questions to be answered pleased: Please answer the 5 questiions 1. As future hospital administrators are the winners: hospitals, physicians, insurers and payers or patients? 2. Are some form of regulation required to keep the market competitive? 3. Do these trends go against the historical roots of US medicine? 4. And if they do, how might they affect the current hospital governance structure? 5. Are members of the medical staff truly independent if they are employees? Reading that goes...
Please answer the questions below. 1. Do these trends go against the historical roots of US medicine? 2. And if they do, how might they affect the current hospital governance structure? 3. Are members of the medical staff truly independent if they are employees? Reading that goes along with the question above......... Hospital acquisition trends continue to persist, according to a report from Avalere Health and the Physicians Advocacy Institute (PAI), which found that 5000 independent physician practices were acquired...
The North Florida Women’s Center (the “Center”) is a nonprofit organi- zation that provides counseling and assistance to women in Tallahassee and nearby areas of Florida and Georgia. Last year, the Center’s board of directors decided to expand its services by providing healthcare services to women, including obstetric and gynecological (OB/GYN) services, family planning, contraception, and abortion. The Center will provide these services on a sliding-fee scale, depending on the patient’s income and health insurance. The Center has a written...
Read this furunculosis article then answer questions: From The New England Journal of Medicine May 2, 2002 (Volume 346, Number 18) An Outbreak of Mycobacterial Furunculosis Associated With Footbaths at a Nail Salon Winthrop KL, Abrams M, Yakrus M, et al. The New England Journal of Medicine. 2002;346(18):1366-1371 There is no arguing that over the past few years in the United States, people have increasingly been using the services of pedicurists and nail salons. As with any social trend, there...
The Mayo clinic is one of the most respected names in medicine world. Founded in the 1880s in Rochester, Minnesota, the Mayo clinic embraced innovation from the beginning. It is believed to be America’s first integrated group practice as it employed the concept of coordinated, specialized care and sought out the best expertise. At the core of the Mayo culture, from its inception to today, is a team approach and physician decision making rooted in shared responsibility and consensus building....
Case Study You have been hired to manage a portfolio of several specialty clinics in a large multi-physician group practice in an academic medical center. The clinics reside in a multi-clinic facility that houses primary care and specialty practices, as well as satellite laboratory, radiology and pharmacy services. The practice provides the following centralized services for each of its clinics: Registration Payer Interface (e.g., authorization) Billing The CEO of the practice has asked you to initially devote your attention to...