Question:

Moving a physician group from fee-for-service towards a value-based focus: what are the financial implications of changing revenue models for physicians? Why would a physician want to join Chillax? What incentives are the most important for a PCP or Specialist group in order to drive change management but also don't disrupt their existing Fee-for-Service business?

Addressing physician compensation changes in a medical group: why does quality become so important in addressing a fair and incentivized model for physicians? Who are the physicians in the community to best tackle cost containments and increased quality improvements?

Forming a multi-organizational clinically integrated network (CIN): what business implications does Chillax need to consider in creating a CIN? Who should cover the initial investment? Was it smart to select a payer to partner with the CIN? How are other payers in the market collaborate with the CIN when one of their competitors is providing financial investment into Chillax? What are the pros and cons of selecting the other 3 approaches of selecting funds?

Sharing finances in a CIN: Design a financial dashboard and what are the main KPI's Chillax CIN should track. Think of ways to track whether the CIN multiple contracts will make them money or lose them money? How can they predict?

Governing and managing a CIN: what kind of investment is people, process and technology should Chillax invest in? Who should run the CIN and what kind of financial leadership skills would be required? Should they worry about security of financial data? What are some mitigating steps the CIN should take to secure it's liability exposure of financial data?

Providing the CIN's infrastructure: what can the government (CMS) to support the new CIN? What financial incentives can be given to the CIN to drive change in hospital readmissions?

Establishing relations with payers and health systems: Design a financial dashboard for providers. What important KPI's from a financial perspective would be important for Physicians to track? Think of the projected ROI and how to track for making sure the CIN realizes 17 million dollars in return. How will they be able to identify initiatives to drive ROI?

Question 3: Measures of Central Tendency (3) Use a specific example of a project to calculate the grouped mean, median and mode measures of central tendency. Illustrate these central tendency values graphically. Explain the skew which accompanies these values. (10 marks) End of Assignment!ssignment on Normal distribution Curve Part 1.docx deviations of the mean? (3) Find the area under a standard normal curve ... (a) from z =0 to z = 4.28 (b) between z =0 and z = - 3.75 to the right of z = 7.43 (d) to the left of z = -4.49the difference between central tendency & variability? A. There is no difference they mean the same thing B. central tendency describes the average score, while variability describes how the scores are spread out C. none of the above D. central tendency describes how the scores are spread out, while variability describes the average scoreThe following is a dataset of salaries for a company (in thousands). Find the mean and median and determine if the mean or median is the better measure of central tendency. 11. 87, 85, 95, 92, 93, 97 Select the correct answer below. O Mean = 80, Median = 92 The mean is the better measure of central tendency. O Mean = 80, Median = 92 The median is the better measure of central tendency. O Mean = 92, Median = 80 The mean is the better measure of central tendency. O Mean = 92, Median = 80 The median is the better measure of central tendency