Alternative Payment Models Flashcards

1
Q

define value

A

health outcomes achieved per dollar spent

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2
Q

role of CMMI

A

-fee for service payment models bc rewards volume, not value

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3
Q

medical homes

A

-team based models of patient care
-rely heavily on PCP/team
-focus on coordination of majority of health, illness, wellness care for medicare

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4
Q

ACO

A

-providers group together and agree to share collective accountability for the quality and cost of care
-payments to ACOs incorporate financial incentives in the form of shared savings or losses for performance on deintifeid spending and quality metrics
-incentivisted to order more, do more to increase payment

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5
Q

bundled payments

A

-focus on discrete episodes of care
-overall budget for services provided to patient receiving course of tx for a given clinical condition over defined period of time
-provide incentives to providers to come in under budget

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6
Q

bundled payment types of incentives

A

-mandates
-non financial incentives
-financial incentives

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7
Q

what are the elements of the triple aim

A
  1. improved health
  2. cost containment
  3. improved healthcare
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8
Q

what is the best for a medical home payment reform model

A

chronic disease managemetn

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