Final Exam Flashcards
(105 cards)
Elements of the triple aim?
improved health, cost containment, improved healthcare
CMMI is given wide authority to do what two things?
lower spending without reducing quality of care
2-improve the quality of care without increasing spending
What is an ACO?
a group of providers who agree to collaborate on both cost and quality, in exchange for shared financial incentives
bundled payment?
set amount is paid in exchange for cost associated w/ a major surgical procedure
3 ways insurers offset the risk of over or under treatment by providers?
- non-financial incentives
- mandates
- financial incentives
what is the risk with a per diem payment model?
patient under treatment; risk is on the provider
definition of value (HC)
health outcomes achieved per dollar spent
what is the ultimate outcome if the goal of “value” is achieved in healthcare?
patient outcomes and satisfaction
what payment model is the healthcare system IDEALLY trending towards?
multi-provider bundled episode of care payment
what is an example of “risk on the provider”
full capitation- would encourage patient under-treatment
what is an example of risk on the insurer?
fee for service- can lead to patient over treatment
3 new models through CMMI
ACO
bundled payment
medical home
what is a medical home?
team approach to care- rely heavily on PCP/team
coordination of health/wellness- esp medicare
fee for service PLUS monthly care management fees for activities related to patient care and coordination
ACO?
hospitals/doctors/providers group together to share collective accountability for quality/cost of care delivered to patients in their ACO
payments to ACOs incorporate financial incentives (shared savings or penalties) based on performance metrics
purpose of bundled payments
overall budget for services provided to patient receiving course of treatment for given clinical condition over a defined period of time
why is total joint replacement being used for bundled payments?
high cost, high utilization
general model of bundled payment for CCJR?
hospital where surgery takes place is financially accountable for quality and costs from date of surgery through 90 days. mandated in specific geographic areas-not voluntary
surgical procedure, inpatient stay, readmission, post acute care included
Med A or Med B costs
waves 3 night hospital stay requirement
how is the payment going to work for CCJR
for first year, retrospective payment where only CMS takes risk. After first year, both take risk as there is a target price determined. Anything over target price, hospital must pay back to CMS
what must a hospital due to qualify for CCJR reconciliation payment?
meet/exceed 3 quality measures (30 day readmit rate, complication rate in 90 days, hospital consumer assessment o healthcare providers and systems.
what is no longer required w/ CCJR?
3 night hospital stay if SNF has at least 3 out of 5 star rating
homebound requirement for home health
tele health restrictions (more liberally allowed)
what are 3 things that act to offset risk of over/under treatment
mandates, non-financial incentives, financial incentives
what mandates control over/under treatment?
requiring providers to do certain things or prohibit from doing things in order to receive payment. Then review level of compliance w/ those requirements
non financial incentives to provide proper treatment?
publicly reporting on providers’ performance
financial incentives for proper treatment?
provding payment rewards or penalties to providers based on performance