What are the Different Types of Reimbursement Methods?
There are several reimbursement methods that can affect nursing practice, including:
- Fee-for-Service (FFS): This method involves payment for each individual service provided. While it may encourage thorough care, it can also lead to overutilization of services. - Capitation: In this model, providers receive a fixed amount per patient regardless of the number of services provided. This can encourage cost-efficiency but may also lead to underutilization of services. - Value-Based Payment (VBP): This approach ties reimbursement to the quality and efficiency of care provided, aiming to improve patient outcomes while controlling costs.
