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PHCM9129 Prevention And Management Of Chronic Disease

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1.Compare and contrast the impact and incentives of financial models for prevention and chronic care management--for the first four students to post, look at Accountable care organizations, the next 3 to post, bundled payments, and the next to post, fee-for-service.
Discuss the effect of new models of care including relative strengths and weaknesses.
2.An Accountable Care Organization, or ACO, is a model of care delivery that helps shift the focus toward a value-based payment system, with high quality patient-centered care at the core. ACOs are made up of a group of healthcare providers, such as “groups of doctors, hospitals, and other healthcare providers” who come together with the goal of “lowering costs, improving population health, improving patient’s experience of care, and improving the work life of health care providers” (Nash et al., 2016, p. 201; AAFP, 2018). ACOs focus on eliminating unnecessary care and procedures, with the goal that more wisely spent health care money will result in increased shared savings- the financial incentive disbursed to members of the ACO upon successfully meeting performance standards and lowering health care costs. A potential barrier to this model would be the significant change seen in day to day operations and payment models. As we continue to operate in a fee-for-service, costly model and have a "provider centered model of care" .I think it would be a significant challenge to make this switch- although not impossible.
Does anyone have any student or professional experience with an ACO?
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