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Continue to use the scenario to assist you with this assignment.
Managed care has had a profound impact on the way that health care is delivered and paid for in the United States. A large portion of Healing Hands Hospital’s revenue comes from managed care reimbursement making managed care a very important part of the business process. Part of the Task Forces work will include obtaining feedback from the community and a public relations committee has been formed to help educate the community when decisions are made about changes to Healing Hands Hospital. Mr. Johnson Healing Hands Chief Financial Officer has asked you to help provide some training to the members of the public relations committee to help them understand managed care and other possible models for reimbursement including value-based reimbursement and Accountable Care Organizations (ACOs) so this can be included in their campaign of community education. Your report to Mr. Johnson should include:
Mr. Johnson like all healthcare management professionals believes that the data and information presented must be backed by good research and the reference sources must be listed appropriately in the written report.Be sure to include at least three references for the information presented in your report using APA formatting.
Scenario
Throughout this course you will provide information and analysis using a fictitious community hospital Healing Hands located in a suburban community about 15 miles outside of a major metropolitan area. Each week you will complete specific assignments and in the final weeks of this course you will provide a final report detailing your findings.The following scenario will be utilized throughout this course to assist you in completing each weeks assignment:Healing Hands Hospital is an acute care community hospital in a suburb 15 miles outside of a large metropolitan city. The hospital which was founded over 50 years ago is dedicated to serving the local community consisting of working professionals families and retired individuals. It has 320 beds and is comprised of a group of 500 physicians. The hospital has in-patient services for short-stay acute care patients; an in-patient mental health unit; an ambulatory surgical clinic; and specialized units in cancer maternal and child services orthopedics and cardiac care. Healing Hands Hospital serves a community of approximately 500000.Mr. Jeff Magone the new Chief Executive Officer of Healing Hands Hospital recognizes that an important trend in healthcare delivery that is linked to reimbursement is accountable care and integrated delivery models. He has set the goal for the hospital to remain financially viable and increase services and quality of care available to the community served by Healing Hands Hospital. To accomplish this goal Mr. Magone realizes that there are several options to consider such as: