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HSA 300 Week 8 Discussion
The Accountable Care Organization (ACO) is a model based on the idea that different types of providers come together and take responsibility for delivering care to the patient. For instance, hospitals, nursing homes, rehab centers, and home health agencies might join together to facilitate a patient's transition from one form of care to another, with the expectation that duplicative testing won't be necessary and all of the providers will communicate collaboratively. In fact Medicare's Shared Savings Program (MSSP) financially incentivizes these provider groups when they show that they deliver care in a more cost-effective way.
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Please read the article below to get a better understanding of the various payment models being devised to reimburse providers and HCOs for value-based care rather than fee-for-service. ACOs are one of the more well-known models, but not the only one.Â
https://revcycleintelligence.com/features/what-is-value-based-care-what-it-means-for-providersÂ
Then choose one of the value-based payment models mentioned in the article and explain how it works based upon your own understanding. (Be sure to look up any acronym used by Medicare that you're not familiar with).
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