Prompt — DUE 5/20 – 1 page – 2 references- APA formatWatch the video titled Healthcare Facility Reimbursement (Links to an external site.). Examine how reimbursement has changed over the last 20 years, and the potential benefits and challenges of managed care to reduce costs. Next, provide a current example of a current event (within the past 12 months) in which pay-for-performance reimbursement system was best utilized in reducing the cost of healthcare. Finally, with our multiple types of different reimbursement systems, discuss what reimbursement system you think is best utilized in our healthcare world and why.
Write a well-supported post, “news brief” based on this current event.Consider these questions:What are the benefits of using pay-for-performance within healthcare?
What are the challenges of using pay-for-performance in healthcare?
How does this factor into financial matters from an operational perspective?
What are the expected outcomes from applying pay-for-performance?
What did you learn or gain from this exercise?
Requirements: 1 page