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Consider what you’ve learned so far about the transition from volume- to value-based reimbursement. Different organizations will respond to the impact of this change in various ways. Based on its...

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Consider what you’ve learned so far about the transition from volume- to value-based reimbursement. Different organizations will respond to the impact of this change in various ways. Based on its actions, an organization may flourish, or it may fail as its reimbursement decreases. As reimbursement methodology changes, institutions must adapt.

To prepare for this Assignment:

Read Case 5: Middleboro Community Hospital in this week’s Learning Resources, and consider the actions taken by this organization. Review data tables regarding their case mix (top DRGs), Patient Days, and CMS Core Measures. These metrics address both qualitative and quantitative measures in this organization.

The Assignment:

Write a brief, 2-page executive summary of the impact of the transition from volume-based to value-based health care. Specifically, address how this change in reimbursement methodology impacts operational requirements and how it can be implemented. Recommend at least two adjustments to operations which may position the organization for success under value-based health care.

Answered Same Day Dec 26, 2021

Solution

Robert answered on Dec 26 2021
122 Votes
Impact of the Transition from Volume-Based to Value-Based Healthcare
1 INTRODUCTION
This paper aims to elucidate the impact of value based reimbursements as compared to volume based
eimbursements in the healthcare sector in USA. In 2015, the Government sensibly publicized that 30% of Medicare
disbursements would go in the direction of different payment models by end of 2016. By 2018, 90% of all Medicare
disbursements will be secured to excellence or value – including 50% via alternative payment models. The policy
issue of financing in health care pertains to the reimbursement to providers from the Medicaid and Medicare. The
payments have been insufficient to ca
y on the quality care and support service. The independent providers also
contend that the level of reimbursements should be increased but the insurance providers have been concerned about
the rising cost of long term care while the taxes have not been increased which mainly finance these insurance costs.
The coverage for the nursing home care from private long term care insurance has increased slightly in recent years.
2 OPERATIONAL REQUIREMENTS
Cu
ently fee for service model for reimbursement of payment is implemented and thus most...
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