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Medicare and Medicaid Programs Research and discuss the following: Accountable care organizations. Value-based purchasing. Never events....

Medicare and Medicaid Programs

Research and discuss the following: Accountable care organizations. Value-based purchasing. Never events. Explain how Centers for Medicare and Medicaid Services (CMS) is trying to improve health care quality with each of these programs.

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Accountable Care Organizations - Accountable Care Organizations consists f groups of doctors, healthcare providers and hospitals who volunteer to provide coordinated care to Medicare patients . The aim of such organizations is to provide cost effective and quality care to patients on time and improving the health of population while saving costs.

Value based purchasing - It is the Medicare program initiative of linking the performance with financial incentives. The healthcare providers are paid for their performance and quality of care. The goal is to improve the quality of care in various settings and encourage healthcare providers with financial incentives if they perform as per the set of given criteria and standards.

Never Events- are the preventable medical errors or events that can be avoided with better care and nursing practices. It can avoid unnecessary harm to patients and the healthcare facility with use of more safety practices , better culture, trained workforce, use of technology and risk anticipation.

Centers for Medicare and Medicaid Services is trying to improve healthcare quality with each of these programs by focusing on the quality of care to be provided by the healthcare facilities and taking several measures like financial incentives, coordinated care, pay for performance programs for better use of resources and cost effective measures in healthcare. Various strategies and outcomes are evaluated to monitor the effectiveness of the program and plan for improving the overall population health.

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