Question

Which of the following are considered to be forms of 'bundled payments'? Select all that apply. Group of answer choices Pay-for-performance Capitation DRG's Reference Pricing Salary Per Diem Fee-for-service

Answer 1

Answer:

Capitation

Fee for service

Explanation:

Bundled payment provide a single payment to hospitals, doctor, physician, and other providers (for home care, lab, medical equipment, etc.) for a defined episode of care. It is described as "a middle channel" between fee-for-service reimbursement (that allows providers to be paid for each service they render to a patient) and Capitation (that allows for providers to be paid a "lump sum" per patient not regarding how many services the patient receives), given the risk is shared between payer and provider. Bundled payments was proposed in the health care reform debate of the United States as a strategy for reducing health care costs, especially during the Obama administration.

Answer 2

Answer: "FEE - FOR - SERVICE" is considered to be a form of bundle payment.

Explanation: Bundle payment is a means of using incentives to compensate workers for a job done. In it's simplest term, it means the different ways of paying wages and salaries.

Fee-for-service is a retrospective type of payment, where workers are paid directly from the employer, for doing their job. The employee get less payment when the cost price is high, and high payment when the cost price is low. The employer checks the performance and level of each employee and pays directly to them.