Question
Health care reform changes the delivery and financing of care, shifting from volume-based, fee-for-service care to value-based care focused on efficiency and quality. This shift
Health care reform changes the delivery and financing of care, shifting from volume-based, fee-for-service care to value-based care focused on efficiency and quality. This shift has led to changes in health insurance and healthcare delivery markets. For this discussion, you examine this volume-to-value shift and consider the implications of the changes.
ReadChapter # 2 (Health Insurance) and Chapter # 3 (Payments to Providers). In the textbookUnderstanding Healthcare Financial Management, Eight Edition by George H. Pink & Paula H. Song (2020).
Question:
- Analyze the current economic shift from volume-based health care to value-based health care. What economic principles (macro and micro) are driving this shift?
- Evaluate the implications of this volume to the value shift. How has this shift affected how you work, or a family member has been treated for a medical condition?
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