Exam 1 Flashcards
What makes a good team?
Honesty
Discipline
Creativity
Humility
Curiousity
What are the four fundamental teamwork concepts?
Unity of Purpose
Knowledge of Limitations
Maximizing Contribution of Individual Skills
Resource Efficiency
Define Fee For Service vs Value-Based Care
Fee for service:
Paid per service
Price inflation
Value-Based Care:
Payment based on quality
Can bring down price of care
FAVORED BY MEDICARE/MEDICAID
What are some pros and cons for FFS?
Pros: Simplicity, Productivity, Flexibility
Cons: Quantity over Quality, Inflationary, thwarts “free” activities, not always efficient.
What are some pros and cons for VBC?
Pros: Quality, efficiency, improve collaboration, emphasis on outcomes, FAVORED BY MEDICARE/MEDICAID
Cons: How to measure? What to measure?
“Firing bad patients”
Focused only on certain outcomes
More admin work
Do payer goals = patient goals???
What are the pros and cons of Episode/Bundled reimbursement model?
Pros: Efficiency, improve collaboration, simple billing
Cons: What defines an episode? What if everyone isn’t on board, Avoiding “bad”/complex patients
Explain a Episode/Bundled reimbursement model.
Single payments for a group of services related to a treatment or condition.
Different providers must split the cost.
Cost is determined based on averages.
It is a type of VBC.
Explain a Capitation/Comprehensive Care reimbursement model.
Single risk-adjusted payment for a full range of healthcare services needed by a group for a time period.
Covers cost of MULTIPLE patients.
Some cover outpatient, inpatient, or both.
Note: Health is promoted since outpatient providers want to get paid.
It is a type of VBC.
What are the pros and cons of a Captitation/Comprehensive Care reimbursement model?
Pros: Flexibility, Innovation, Efficiency, Improve collaboration, Maximizing health of patient!
Cons: How much risk? Is my doctor withholding care? How to get everyone on board? Avoid bad/complex patients, quantity over quality?
Explain an Accountable Care Organization reimbursement model.
Providers of varying specialties enroll as a GROUP to provide comprehensive services.
Promotes increased communication and less overlap.
Receive risk-based payments that are divided.
It is a type of VBC.
What are the pros and cons of an accountable care organization reimbursement model?
Pros: Efficiency, Improve collaboration, maximizing health, CONTINUITY of care
Cons: What if the specialty I need is not in the group?
Is my doctor withholding care?
Avoiding bad/complex patients.
Monopolies of care, moreso in RURAL areas.
What are the three types of VBCs?
Episodic/Bundled, Capitation/Comprehensive Care, and Accountable Care Organization
What is included in a managed care organization?
HMOs, PPOs, and POS
Compare and contrast an HMO and PPO.
HMO, or health maintenance organization, is a single entity providing patient’s insurance and providers. Patient pays HMO for their portion of the cost. They stay within their HMO network and are financially incentivized to do so. (Cheaper)
PPO, or Preferred Provider Organization, is a network of third-party providers contracted either with a patient’s insurance or heath coverage. Providers are regulated by the insurance and you are also encouraged to stay in network.
What is a POS managed care model?
Point of Service, where the pt only pays a copay/coinsurance when in-network.
It is a combination of an HMO and PPO.
Patients can get their baseline care from the HMO, but get specialty care outside of the HMO network but in the PPO network. they can also go out of network.
TENDS TO COST MORE THAN EITHER ALONE.
What makes up a PCMH?
Patient-centered medical home
Including services for:
Medical
Educational
Spiritual/Religious
Patient Support
Financial
Mental Health
What is the main difference between an ACO and a PCMH?
ACOs are payment models with multiple providers in multiple practices.
PCMH are run by a single practice/entity usually.
What are some benefits of a PCMH?
70% reduction in ER visits
40% lower readmits
Lots of money saved
What is the main difference between an MD and DO in care philosophy?
MD: Treaters
DO: Preventers, Holistic, whole patient
What are most dentists specialized in?
80% Generalized
20% Specialized
Difference between a podiatrist and an MD/DO?
Podiatry school is SEPARATE from MD/DO school. Both doctorate level.
What are the 4 types of APRNs?
NPs, Nurse Midwife, CRNA, and clinical nurse specialist
What are the clinical nursing titles?
RN, via an ASN, BSN or MSN
LPN
CNA