Value-based care has emerged as an alternative for fee-for-service reimbursement and is based on quality rather than quantity. Value-based care is a form of reimbursement that ties payments for care delivery to the quality of care provided and rewards providers for both efficiency and effectiveness. In order to transform how health care providers are reimbursed for services rendered, the Centers for Medicare & Medicaid Services (CMS) has introduced an array of value-based care models. Likewise, private payers have adopted similar models of accountable, value-based care. Value-based care aims to advance the triple aim of providing better care for individuals, improving population health management strategies, and reducing health care costs. Everyone who works in health care will be impacted by this policy and regulation. Prepare a five- to eight-page paper which discusses the topic of value-based care and its impact on your profession or organization. There is a lot of information to cover, but your paper should be no more than 8 pages (not including title or reference pages).
Your completed assignment should include:
A detailed explanation of value-based care models (ACO, bundled payments, patient centered medical homes).
A discussion of why value-based care models are important.
A discussion of value-based payments (MACRA, MIPS, APMs).
Selection of one value-based care model that predominately affects your profession or organization.
Thoroughly discuss how your selected value-based care model has impacted the health care industry and society as a whole and will continue to impact it in the future.
Provide an opinion on its impact or anticipated impact on your profession or organization.
Provide an opinion on its impact or anticipated impact on your profession or organization under the Trump Administration.
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