z-logo
open-access-imgOpen Access
Lessons from the transition of a ‘fee for service’ to ‘fee-for value’ in American academic medical centers- can medical education programs learn from this experience?
Author(s) -
Charles A. Gullo
Publication year - 2016
Publication title -
mededpublish
Language(s) - English
Resource type - Journals
ISSN - 2312-7996
DOI - 10.15694/mep.2016.000140
Subject(s) - reimbursement , fee for service , medical home , health care , business , value (mathematics) , payment , service (business) , quality (philosophy) , value based purchasing , compensation (psychology) , public relations , marketing , medical education , nursing , medicine , psychology , finance , economic growth , political science , economics , machine learning , computer science , philosophy , epistemology , psychoanalysis
This article was migrated. The article was not marked as recommended. Academic medical centers and other health care systems are adapting and innovating in response to the evolving nature of reimbursement models emerging in the American health care landscape. As traditional fee-for-service compensation yields to fee-for-value, health providers are developing and deploying processes and technology to identify patients who are most at risk for adverse outcomes to manage their encounters with the system and to improve the quality of care and patient outcomes. Programs such as Accountable Care Organization (ACO) and Patient-Centered Medical Home (PCMH) are now regular topics of discussion throughout board rooms, management suites and clinics. These shifts in payment models required a large amount of data and analysis. The analysis of big data is now a large part of the healthcare industry. We propose the consideration of whether a comparable approach to aspects of medical science education might spark similar innovation.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here