Description
he government is one of the largest purchasers of health care services and because of this, they seek out opportunities to contain costs. Recent health care policy has focused on managing costs while offering quality care and improving access to care. The Centers for Medicare and Medicaid Services (CMS) Innovation Center develops payment and service delivery models with this in mind.
Scenario
Mr. Magone, CEO of Healing Hands Hospital, has asked you to join the Future of Healing Hands Task Force. Your first assignment is to work with the hospital's Chief Financial Officer (CFO), Ms. Johnson, and provide a summary of how the new CMS initiatives might impact the organization’s revenue structure. More information on the innovation models can be found on the CMS Web site.
- Describe an Accountable Care Organization (ACO) and the benefits of an ACO.
- Describe an episode-based payment initiative and the benefits of this initiative to Healing Hands Hospital.
Reference
Centers for Medicare and Medicaid Services (CMS). (n.d.). Innovation models. Retrieved from https://innovation.cms.gov/initiatives/#views=mode...
Explanation & Answer
Attached.
industry overview
by HAL Lab
Submission date: 26-Aug-2020 09:06AM (UTC-0400)
Submission ID: 1374335554
File name: Industry_overview.docx (18.31K)
Word count: 1029
Character count: 5313
industry overview
ORIGINALITY REPORT
2
%
SIMILARITY INDEX
0%
1%
1%
INTERNET SOURCES
PUBLICATIONS
STUDENT PAPERS
PRIMARY SOURCES
1
Submitted to Colorado Technical University
Online
1%
Student Paper
2
"The Palgrave Handbook of American Mental
Health Policy", Springer Science and Business
Media LLC, 2020
Publication
Exclude quotes
Off
Exclude bibliography
On
Exclude matches
Off
1%
Report: Industry overview
Industry overview
by HAL
General metrics
6,449
1,031
51
4 min 7 sec
7 min 55 sec
characters
words
sentences
reading
time
speaking
time
Writing Issues
No issues found
Plagiarism
This text hasn’t been checked for plagiarism
Report was generated on Wednesday, Aug 26, 2020, 04:09 PM
Page 1 of 6
Report: Industry overview
Unique Words
29%
Measures vocabulary diversity by calculating the
percentage of words used only once in your
document
unique words
Rare Words
32%
Measures depth of vocabulary by identifying words
that are not among the 5,000 most common English
words.
rare words
Word Length
5
Measures average word length
characters per word
Sentence Length
20.2
Measures average sentence length
words per sentence
Report was generated on Wednesday, Aug 26, 2020, 04:09 PM
Page 2 of 6
Report: Industry overview
Industry overview
5
INDUSTRY OVERVIEW
Running Head: INDUSTRY OVERVIEW 1
Industry Overview
Name
Course
Date
Industry overview
In most healthcare organizations understanding that reimbursement, as well
as the changes in nancial trends, are somehow correlated, is an imperative
approach that brings about a positive change. For the Healing Hands Hospital,
depending on the revenue collected from the managed care reimbursements,
helps in controlling most of its operations. For that case, a change that may
occur on the managed care system is likely to have a signi cant in uence on
the income as well as the nancial budget. The above is expected to have a
signi cant effect on how the employees are paid as well as the quality of care
that is offered to patients. The reduction of the average length stay in the
Report was generated on Wednesday, Aug 26, 2020, 04:09 PM
Page 3 of 6
Report: Industry overview
hospital is an imperative method that can be considered to lessen the risk of
infection of hospital-acquired infection. In this healthcare unit, there are
several approaches that can be put into consideration to facilitate positive
change in the way the helping Hands Hospital operates.
Accountable care organization ACO
In an instance where the community may suffer from signi cant health issues,
the healthcare sector may decide to come up with the approaches that may
assist in resolving the major health issues in the community. An accountable
care organiz...
Review
Review
