Complete the table to analyze each payment mode.
Payment Mode Analysis
Nurses play a pivotal role in providing care within the boundaries of their organization’s budget. In order to become a leader in the field to improve quality care and reduce cost, you need to understand the nuances of the way health care organizations are paid.
Complete the table to analyze each payment mode.
Apply what you’ve learned to complete the activity following the table.
| Payment Mode Name | Summary | Strengths | Weaknesses |
| Fee for Service | |||
| Pay for Performance | |||
| Patient-Centered Medical Homes | |||
| Accountable Care Organizations | |||
| Bundled Payments | |||
| Global Budgets |
Payment Mode Activity
If you were the person in each of the following scenarios, which payment mode would you prefer?
A 28-year-old with poorly controlled diabetes
An elderly individual with multiple chronic conditions
A pediatric neurosurgeon
A registered nurse
Provide a short rationale for each decision.
20190406023951hsn476_worksheet_payment_modes_wk2__1_
Solution Preview
Payment Mode Analysis
Nurses play a pivotal role in providing care within the boundaries of their organization’s budget. In order to become a leader in the field to improve quality care and reduce cost, you need to understand the nuances of the way health care organizations are paid.
Complete the table to analyze each payment mode.
Apply what you’ve learned to complete the activity following the table.
(478 words)