Question
When we think of healthcare delivery, often times, our thoughts are centered on providers, organizations, patients, and processes. However, health care is also a business
When we think of healthcare delivery, often times, our thoughts are centered on providers, organizations, patients, and processes. However, health care is also a business in which service is provided in exchange for a payment. Whether it be a traditional fee-for-service payment model or a value-based care payment model, there are advantages and disadvantages on either side. This business view of health care is discussed by Lighter in Chapter 8, where we learn more about Accountable Care Organizations (ACOs).
Describe the ACO payment model, drawing from your Lighter readings & the concepts discussed in the article - explore the impact of the payment model on health care delivery for the patient.
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