â€œThe complexity of financing in health care is one of the primary characteristics of medical care delivery in the United Statesâ€ (Shi & Singh, 2012, p. 129). There are numerous reimbursement methods (e.g., capitation, fee-for-service, package pricing, etc.) that are used by health care organizations and providers to get paid for the health care services that they provide. Building upon your Individual Project from Unit 1, write a 3-5 page paper not including a title page and reference page that contains the following:
- Summarize 3 different reimbursement methods that are used by health care providers and organizations.
- Choose which method(s) will work best for the health care facility that you have proposed to be developed, and explain why you chose that method(s).
- Discuss the pros and cons of the reimbursement method(s) that you chose.
- Discuss the impact that the method(s) may have on the financial operations of the facility that you chose.
Note: You should include a minimum of 3 references, properly cited in APA format.
Analyze the various types of reimbursement received for healthcare services and the effect on the financial operations of a healthcare organization
Apply business principles to the management of the healthcare organization