Western Governors University (WGU) HIM 2515 C808 Classification Systems Practice Exam

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What do value-based care concepts emphasize in healthcare?

Increasing the volume of services provided

Quality and outcomes over the volume of services

Value-based care concepts prioritize quality and outcomes in healthcare delivery rather than simply increasing the number of services provided. This approach aims to enhance patient care and improve health outcomes by focusing on how effectively and efficiently care is delivered. By emphasizing quality, healthcare providers are encouraged to deliver services that yield the best possible results for patients, which can lead to better health status, improved patient satisfaction, and more efficient use of resources.

This perspective marks a shift from traditional fee-for-service models, where providers are incentivized to offer more treatments regardless of the necessity or effectiveness of those treatments. Value-based care aligns payment structures with the quality of care and patient outcomes, ultimately aiming to provide better overall care while managing costs effectively.

Cost reduction for healthcare providers

Standardization of coding practices

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