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Hello respectable studentPlease, find the attached document. If you have any further questions that you might need my help, do not hesitate to get back to me. Nice studies and success.Thank youRegardsAmericanteacher
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QUESTION 1
Creating a new framework to reward care providers for better health care services is one
of the Medicare payment methodologies introduced due to implementation of the Medicare
Access and CHIP Reauthorization Act (MACRA). MACRA aims at transforming healthcare to
have a better system and services; this prompted the changes that were made on the methodology
for Medicare payments (CMS. gov.2015). One of the major changes is creating a new model of
providing healthcare services by using modern health information technology to create a
healthcare information database for ensuring efficiency and a merit base payment program in the
healthcare system to reward care providers for better health care services.
Health and Human services department set new goals for Alternative Payment Models
(APMs) and value-based payments in healthcare. The first goal is to make sure that by the end of
the year 2015, medical payments should have been tied to value or quality with the help of
alternative payment models (APMs) and increase up to 50% by the close of 2018. The second
goal is to en...