What are the Major Reimbursement Methods used in Health Care? Manziel law offices
Lisa provides the 4 main reimbursement methods used in healthcare: Fee-for-Service As the name implies, providers are being paid based on the services patients received. For instance, from the consultation to various tests to injections, each comes with its separate codes and prices attached to them.
Value-Based Reimbursement This model places more emphasis on the value delivered rather than the number of services. It encourages providers to deliver quality services at the lowest price possible. Doctors are even given incentives if they perform better.
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Bundled Payment Under this model, providers are paid on the episode of health care provided or a specific illness or all the services provided for a specific period of time. 07
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