Business Finance Homework Help

The purpose of this blog is to build a healthcare community among us; identify for each other key aspects of health care “current events” that we feel are important and worthy of discussion in this type of class; and provide one another with our expert analysis of a given trend or development in health care, including things we are learning about in this class.  Postings and articles need to be relevant to Chapter 2 of Healthcare Reframing book.  You can post an article link to your blog post, introducing us to a reading you think is interesting, then briefly make a point about something in that article or that article’s major theme, related to readings in current or prior modules, to help educate us on its relevance. These posts do not have to be very long (150-170 words).  Those responding (70-100 words) to a student’s post can simply give a sentence or two assessing what the original student post made them think about more (but please make it more than “I liked your post!”).  You must always try and bring in an idea from the current or a past module when doing your original blog post.

Article link: https://jamanetwork.com/journals/jama-health-forum…

Savion Thompson’s post (you need to reply to):

https://www.christenseninstitute.org/blog/might-di…

The United States healthcare system spends the most money of any healthcare system in the world while still falling behind in terms of quality of care. Up until Obamacare was implemented, people in the United States may not have been covered to receive medical treatment resulting in a less preventative medicine take on healthcare. Now as time has gone on, there are two main payment systems that hospitals use to bill patients. There’s a Fee-for-service module and a value-based payment model.

What is being argued in this article is that a Value-based payment model is a more effective model for the healthcare system. Not only that, but it also proves a point that the US healthcare system is not designed to assist in public health crises and the COVID-19 pandemic proved that. Before the pandemic started, the HHS had a goal of converting 30% to this value-based system. Now that the system has been completely tossed upside down, this is something that could have forced healthcare systems to become more cost-effective with their budget. By doing so having their patients better prepared for this.