How is your proposed project affected by the information you’ve gathered about your facility?
NR533 Financial Management in Healthcare Organizations Week 2 Discussion DQ1 Volume-Based Versus Value-Based Reimbursement Venn Diagram for Discussion Assignment (Week 2)Models of payment to healthcare organizations have begun to shift from paying for volume (fee for service) to paying for value (quality). Using a Venn Diagram, compare volume-based versus value-based reimbursement. Be sure the overlapping area contains the commonalities between the two systems. Use the editable template for the Venn Diagram, which is available for download above. This template (with your findings) will need to be posted as an attachment in your discussion post along with your written prompt. Consider Jim, who is 69 years old and comes to your Emergency Department (ED) with severe abdominal pain. His evaluation, besides a physical exam, includes an abdominal ultrasound, a CT scan with and without contrast, multiple lab studies, all lead to his having an emergency appendectomy. Other than having Type II diabetes well controlled on diet and exercise, he is in otherwise good health. Jim is treated as an outpatient and is discharged home the next morning. Two weeks later he returns to the ED with fever, continued abdominal pain, and a surgical site infection. He is admitted and is treated for 5 days before being sent home. Using your findings from your comparison of volume- versus value-based reimbursements, analyze the scenario. Determine how the hospital could charge and be reimbursed using the two methods. In this case, which would be better for the hospital? How do each of these payment models contribute to or detract from the goal of the Triple Aim? Considering payer mix, delivery systems, population demographic, and value-based purchasing of the institution. How do all of these elements influence the financing of the type and quality of care provided at your facility? What are the implications on access and availability of types of care provided by your institution?DQ2 Touchpoint Reflection: Reimbursement Issues Guidelines for Touchpoint Reflections A downloadable version of the guidelines, which includes further information, is available for access in the week 1 discussion thread. Reflection Information EXPERIENCEUsing the data collected in Week 1 about your institution’s, provide an overview of the payer mix , delivery system type, and the population demographics. Describe the type of reimbursement system relied upon most heavily by your institution; value- or volume-based. REFLECTION Describe how these factors coalesce to influence the financing of the type and quality of care provided at your institution. What are the implications on access and availability of types of care provided at your institution? IMPLICATIONS FOR FUTURE How is your proposed project affected by the information you’ve gathered about your facility? What adjustments might you have to make in your proposal because of the information gathered? Purchase this Tutorial. https://aptitudenursingpapers.com/