Explaining the concept of value-based purchasing, as required by the ACA, then provide the Cons vs Pros for this concept, give the solution for the cons of this concept
Value-based purchasing ACA facilitates structure and design for
the health care delivery and payment model system. it includes pays
for performance, Accountable care organization, bundled payments to
reduce the cost and improve quality and performance
standards.
Pros:
-reduce cost
-Reduce medical error
-Increase patient satisfaction
-Promote service quality
-Deliver coordinated care
-Promote healthy habits and avoid poor habits.
cons:
-The risk for misleading the patient
-Failure to provide actionable health service
Value-based purchasing is reimbursement for providers for their
health care services. implementation of health IT system analyze,
gather and report data for the organization, EHR adoption reduces
the risk from reporting meaningful use of technology. An
alternative payment model provides financial responses for
providers. key performance indicators maximize reimbursement and
identify high-risk patients and care for them. have a partnership
with other providers for the care continuum.
Explaining the concept of value-based purchasing, as required by the ACA, then provide the Cons vs...
Provide the Cons vs Pros for the concept of value-based purchasing, as required by the ACA
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Defining “value-based” touches on which concept? Purchasing Pricing Payment adjustments All of the above Hospitals have been on the forefront of implementing value-based programs. A prime example is the Hospital Readmission Reduction (HRR) program. Reductions may be accomplished through which of the following? Improving the provision of quality of care Improving the coordination of transitions of care to other settings All of the above The Improving Medicare Post-Acute Care Transformation (IMPACT) Act of 2014 requires that standardized patient assessment data...
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compare and contrast two of CMS's value-based purchasing programs.
What is pay for performance or value-based purchasing (VBP)? Do you think pay for performance or value-based purchasing (VBP) is a good idea for healthcare?
What is Value Based Purchasing? How does it help or hurt the institution?
What is Value Based Purchasing? How does it help or hurt the institution?