Friday, May 15, 2020

The Future Of Health Care - 833 Words

The future of health care can be rocky with the push to mandate population health and bundle payments as the standard measure for future reimbursement. The ACA, increasing cost of health care and mortality rates are the driving force. Although population health and bundle payments are voluntary programs at this time, it will become the standard of care model in the future. Although population health has been associated with ACOs and the MSSP programs, the future reimbursement model for health care goes beyond these programs as more and more insurance companies are pushing for quality care and reduction in cost. In addition, CMS is leading the charge to increase bundled payment models. In regards to bundled payments there is a growing momentum and as of August 5, 2014 approximately 2,368 new potential participants joined Phase one and new episodes will be added until October 2015 and more episodes will be added to additional models and phases along with the patient survey to evalua te the patient’s experience therefore CMS is expecting the program to continue to expand throughout the market (CMS: Bundled Payment for Care Improvement Initiative (BPCI) Fact Sheet, 2015). Therefore these two models that are voluntary today are moving toward being the stand of tomorrow. The concept of population health is patient centric and is making inroad throughout the country and is broadly defined as a systematic effort to do three things that the U.S. health care system and its â€Å"utilize†Show MoreRelatedThe Future And Direction Of Health Care1269 Words   |  6 PagesThe future and direction of health care has been the topic of discussion amongst politician and U.S citizens today. There are several challenges surrounding the future and strategic direction in which health care should be heading. Accreditation, quality of health care and organization’s compliance; access to health care, maintaining a skilled workforce, information technology and pay for performance are some of the challenges that currently presenting itself in healthcare today. 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