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Topic: Healthcare Operations Discussion 8: Bundled Payment
Choose either the topic of global payments or bundled payments and respond to the following:
Summarize how your selected topic functions within healthcare operational management.
Explain how it can impact a healthcare setting (e.g., clinic, surgery center, hospital, nursing home, etc.).
List some of the benefits of using the selected payment model.
List some of the drawbacks of using the selected payment model.
As you review the benefits and drawbacks of the topics selected by your peers, see if you can provide additional benefits and drawbacks using evidence from your required readings and from your professional experiences in the healthcare field.
The bundled payment model entails the payment of a certain specific rate is shared between the healthcare providers depending on a particular mode of treatment. It usually gives a one off mode of payment for any kind of treatment thereof. It therefore eliminates