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£69 1.An explanation of how you, as a current or future health care executive, would choose a value-based methodology for the health care organization that you one with which you are familiar.
Trends in Health Care Reimbursement (Volume to Value)
As the health care delivery landscape continues to evolve, how might health care executives address the move from volume to value?
As you have examined thus far in this course, the patient experience and consumer-driven health care greatly impact the success of health care organizations. Health care executives must continually strive to effectively and efficiently deliver high-quality and low cost health care services rather than focusing solely on receiving accolades in terms of patient utilization and satisfaction. This move toward consumer-driven health care then impacts the degree to which health care reimbursements and payments for services are handled in a health care organization. Departures from fee-for-service in favor of fee-for-value provide health executives many opportunities to enhance health care delivery for their patients and consumers.
Explore trends in health care reimbursement that focus on moving from volume to value. You consider how these trends impact health care organizations and decision making for the health care executive.
Evaluate value-based methodologies for health care organizations
Analyze executive briefs for value-based care models
Discussion: Volume to Value
Moving from volume- to value-based payment methodologies can be challenging due to the cost of implementing them and to the variety of payment structures. The type of value-based program that works for one health care organization may not be the right fit for another. How do you as a health care executive determine the right structure for your organization? What do you need to take into consideration as you look at shifting from traditional payment methodologies to value-based care? Review the resources for this week and reflect on the challenges health care executives might face when transitioning the payment methodology in a health care organization to a value-based model. Consider how the move to a value-based model might impact health care delivery for the health care organization.
1.An explanation of how you, as a current or future health care executive, would choose a value-based methodology for the health care organization that you one with which you are familiar.
2.Describe the organization`s current payment methodology, and explain your rationale for choosing to move to your chosen model. Be specific and provide examples.