Comparison of volume- versus value-based reimbursements

Reference no: EM133481521

Assignment:

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, and multiple lab studies, all leading to his 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 following day. Two weeks later, he returned to the ED with a fever, continued abdominal pain, and a surgical site infection. He is admitted and treated for five 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 does 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. Discuss how 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 your institution's care?

Reference no: EM133481521

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