Question

How do you think value based reimbursement will impact financial management of health care

How do you think value based reimbursement will impact financial management of health care

Homework Answers

Answer #1

The value-based reimbursement will impact financial management of health care as when the healthcare delivery moves toward value-based reimbursement, the business model, and the care model will become increasingly intertwined. Changes made to care processes will lead to a significant impact on financial performance. Organizations will need tools that will help them identify their revenue and cost drivers and provide insight related to; how cost, quality, and care decisions can impact the network as a whole. In this method, there will be a shift of the financial incentives further away from the volume as provider payments will be linked both to the quality and total cost of care results.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discuss the shift to value-based health care and its impact on the roles and responsibilities of...
Discuss the shift to value-based health care and its impact on the roles and responsibilities of advanced registered nurses. What major evolving trends in the health care delivery system will affect your practice in the next 3-5 years, and how do you think advanced registered nurses will continue to influence the direction of health care?
Explain why the Value-Based method of reimbursement is the best method for the U.S. health care...
Explain why the Value-Based method of reimbursement is the best method for the U.S. health care system.
1.why evidence-based practice is important to you. 2.How do you think that evidence-based practice will impact...
1.why evidence-based practice is important to you. 2.How do you think that evidence-based practice will impact your future role as an emerging leader in health care? please provide two page answer.I have posted this question twice.
Discussion Question: Health Care Policy Do you think President or Congress have more of an impact...
Discussion Question: Health Care Policy Do you think President or Congress have more of an impact on Healthcare policy?why?
Discussion Qiestion: Health Care Policy Do you think President or Congress have more of an impact...
Discussion Qiestion: Health Care Policy Do you think President or Congress have more of an impact on Healthcare policy?why?
Now that the ACA/AHCA is in full effect, how do you think this will impact the...
Now that the ACA/AHCA is in full effect, how do you think this will impact the need for quality health care practitioners? How will this impact the quality of healthcare overall - or in the long term view? What do you think are the Pros and Cons of the current legislation? (minimum of 200 words)
how interorganizational culture impact change management within a health care organization?
how interorganizational culture impact change management within a health care organization?
Determine how the Value-Based    reimbursement model has positively influenced cost, quality, and access of care.
Determine how the Value-Based    reimbursement model has positively influenced cost, quality, and access of care.
How do the goals affect reimbursement and patient care?
How do the goals affect reimbursement and patient care?
How do you think an individual's mental health may impact the pathology of the nervous system?...
How do you think an individual's mental health may impact the pathology of the nervous system? give an example to prove your point pls!
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT