What major shift has occurred in healthcare management as a result of the Affordable Care Act?

Prepare for the HFMA Business of Health Care Test. Study with flashcards and multiple choice questions, each question offers hints and explanations to boost your confidence. Ace your exam!

The Affordable Care Act (ACA) has significantly transformed healthcare management by shifting the focus from traditional fee-for-service models to a value-based care approach. This change prioritizes the quality of care provided to patients over the sheer quantity of services delivered. With the implementation of value-based payments, healthcare providers are incentivized to improve patient outcomes, enhance care coordination, and reduce unnecessary procedures and costs. This model aligns with the ACA's goals of improving healthcare overall while making it more affordable.

The emphasis on value for payments encourages healthcare organizations to innovate and find more effective ways to deliver care, thus fostering a system where both patient satisfaction and health outcomes are paramount. As a result, payment structures have evolved to favor those who prioritize treating patients effectively rather than simply increasing the volume of services rendered.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy