Healthcare of Economics Managed Care Explain the three types

Healthcare of Economics

Managed Care

Explain the three types of incentives for providers for efficiency in the delivery of healthcare services. Explain who bears the financial risk—the provider, the patient, or the managed care organization. Offer your recommendations, to accept or decline, for patients considering managed care health plans, with your rationale for each.

Solution

The following could be th ethree incentives that could be provided to providers of health care for efficeincy -

1.Episode based payment method can be used for reimubring physicians which will make them to focus on best ways to manage resources during an episode of illness or care. It allows appropriate compensation for the time professionals need to effectively coordinate services. It must be deisgned to avoid skimp on care to increase profit to CDT.

2. Bundled payment can also be applied that will create incentives to r edesign workflow iwthin the inpatient stay and other times during the episode randing from standard preopertaive protocols to agreeing on smaller numbers of implants

3. Episode based payment method can be combined with reform of the malpratice liability system that benefits patients, providers and even attorneys when ther is fear of malpractice liability leading to unnecssary tests.