Running Head: HEALTHCARE Healthcare Student Name Institution Date 1 HEALTHCARE 2 Reimbursement Maxcare is a for-profit private owned hospital. It is an exclusive approved hospital that provides quality healthcare services to the patients. For an organization to maintain its financial sustainability, it must use the right and most suitable type of reimbursement. In healthcare there are both traditional reimbursement models and the modern reimbursement models. The traditional models are cumbersome and costly and they are capitation and Fee for Service (FFS) Payments methods. Maxcare uses the modern reimbursement method commonly referred to as value-based reimbursement that focus on quality health service and the service providers using this model are rewarded based on the health outcome of the patient. This method is less costly and gives best quality service to the patients hence enhancing sustainability of the hospital (Loblova, 2020). Out- of- pockets are the direct individual payments to the healthcare providers at the time of the use of service and they majorly serve to sustain healthcare service provisions. Capitation income streams are contracts capitated by the healthca ...
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