Reimbursement & Financing Issues
- As decisions are made to address changes in reimbursement in your work place, how are these changes shared with the nursing staff?
- What suggestions do you have that could increase nurses’ awareness of health care financing issues?
Submission Instructions:
- Your initial post should be at least 500 words, formatted and cited in current APA style with support from at least 2 academic sources
Requirements: 500 words
Answer preview
Reimbursement in nursing involves the payment received by hospitals, and other healthcare providers receive for providing medical services. In the United States, it is a complex system involving several stakeholders, particularly health care providers, payers, and beneficiaries (Baker, Baker, & Dworkin, 2018). Unlike in other industries where reimbursement is straightforward, in nursing, it is a bit complicated, a month-long process with multiple steps being followed to the later. Reimbursement has evolved over the years, applying a variety of payment mechanisms with varying degrees of effectiveness. Some of the mechanisms used in payment include Fee-for-service (FFS), capitation, Pay-for-performance (P4P), and diagnosis-
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