Finding the path toward fee-for-value
The path toward fee-for-value drives a new connection between the clinical and financial world. Going forward, the financial value of a service will be based more discreetly on the clinical value of the service, and the decision about the delivery of services will be made based on the new metric of...
Gespeichert in:
| Veröffentlicht in: | Health Management Technology 2015-07, Vol.36 (7), p.24-24 |
|---|---|
| 1. Verfasser: | |
| Format: | Magazinearticle |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 24 |
|---|---|
| container_issue | 7 |
| container_start_page | 24 |
| container_title | Health Management Technology |
| container_volume | 36 |
| creator | Sultan, Jay |
| description | The path toward fee-for-value drives a new connection between the clinical and financial world. Going forward, the financial value of a service will be based more discreetly on the clinical value of the service, and the decision about the delivery of services will be made based on the new metric of volume plus value, instead of just volume. This may seem self-evident, but many organizations have not yet come to terms with the impact of this simple idea. The problem is organizational in nature. Both payer and provider organizations have people who focus on specialized areas as driven by business needs. However, business needs are undergoing a radical shift. The combination of payer and provider functionality through partnership, or through actual integration in the case of health systems owning health plans, is not only necessary, but organizations doing it well will have a significant competitive advantage over those who do not. |
| format | Magazinearticle |
| fullrecord | <record><control><sourceid>proquest_pubme</sourceid><recordid>TN_cdi_proquest_reports_1695018405</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>1707553515</sourcerecordid><originalsourceid>FETCH-LOGICAL-p153t-ce86d6aac1b14e7c9f52b7f1636d3033dac3d51bad692b0a7173e3699f45d4553</originalsourceid><addsrcrecordid>eNpdz0tLw0AUBeBZKLZW_4IEQXAzMDfzapZSrAoFN7oON5k7NpKXMxPFf2-KdePqbD4O55ywJQiruLJWLNh5jO9CgFBan7FFbqTIDeglu9k2vWv6tyztKRsx7bM0fGFwmSfifgj8E9uJLtipxzbS5TFX7HV7_7J55Lvnh6fN3Y6PoGXiNa2NM4g1VKDI1oXXeWU9GGmcFFI6rKXTUKEzRV4JtGAlSVMUXmk3L5Mrdv3bO4bhY6KYykDjEFIswRRawFqJA7r9h7om1tS22NMwzdQKO3dpONCrI52qjlw5hqbD8F3-_Zc_UANS1A</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>magazinearticle</recordtype><pqid>1695018405</pqid></control><display><type>magazinearticle</type><title>Finding the path toward fee-for-value</title><source>MEDLINE</source><source>Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals</source><source>Alma/SFX Local Collection</source><source>EBSCOhost Business Source Complete</source><creator>Sultan, Jay</creator><creatorcontrib>Sultan, Jay</creatorcontrib><description>The path toward fee-for-value drives a new connection between the clinical and financial world. Going forward, the financial value of a service will be based more discreetly on the clinical value of the service, and the decision about the delivery of services will be made based on the new metric of volume plus value, instead of just volume. This may seem self-evident, but many organizations have not yet come to terms with the impact of this simple idea. The problem is organizational in nature. Both payer and provider organizations have people who focus on specialized areas as driven by business needs. However, business needs are undergoing a radical shift. The combination of payer and provider functionality through partnership, or through actual integration in the case of health systems owning health plans, is not only necessary, but organizations doing it well will have a significant competitive advantage over those who do not.</description><identifier>ISSN: 1074-4770</identifier><identifier>PMID: 26302615</identifier><identifier>CODEN: COHED2</identifier><language>eng</language><publisher>United States: Endeavor Business Media</publisher><subject>Business intelligence ; Cost control ; Health administration ; Health care industry ; Hospitals ; Integrated approach ; Organizational behavior ; Physical therapy ; Quality Assurance, Health Care - economics ; Quality Assurance, Health Care - organization & administration ; Reimbursement, Incentive ; Surgeons ; Value added ; Value-Based Purchasing</subject><ispartof>Health Management Technology, 2015-07, Vol.36 (7), p.24-24</ispartof><rights>Copyright NP Communications, LLC Jul 2015</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>312,776,780,787</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/26302615$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Sultan, Jay</creatorcontrib><title>Finding the path toward fee-for-value</title><title>Health Management Technology</title><addtitle>Health Manag Technol</addtitle><description>The path toward fee-for-value drives a new connection between the clinical and financial world. Going forward, the financial value of a service will be based more discreetly on the clinical value of the service, and the decision about the delivery of services will be made based on the new metric of volume plus value, instead of just volume. This may seem self-evident, but many organizations have not yet come to terms with the impact of this simple idea. The problem is organizational in nature. Both payer and provider organizations have people who focus on specialized areas as driven by business needs. However, business needs are undergoing a radical shift. The combination of payer and provider functionality through partnership, or through actual integration in the case of health systems owning health plans, is not only necessary, but organizations doing it well will have a significant competitive advantage over those who do not.</description><subject>Business intelligence</subject><subject>Cost control</subject><subject>Health administration</subject><subject>Health care industry</subject><subject>Hospitals</subject><subject>Integrated approach</subject><subject>Organizational behavior</subject><subject>Physical therapy</subject><subject>Quality Assurance, Health Care - economics</subject><subject>Quality Assurance, Health Care - organization & administration</subject><subject>Reimbursement, Incentive</subject><subject>Surgeons</subject><subject>Value added</subject><subject>Value-Based Purchasing</subject><issn>1074-4770</issn><fulltext>true</fulltext><rsrctype>magazinearticle</rsrctype><creationdate>2015</creationdate><recordtype>magazinearticle</recordtype><sourceid>EIF</sourceid><sourceid>8G5</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNpdz0tLw0AUBeBZKLZW_4IEQXAzMDfzapZSrAoFN7oON5k7NpKXMxPFf2-KdePqbD4O55ywJQiruLJWLNh5jO9CgFBan7FFbqTIDeglu9k2vWv6tyztKRsx7bM0fGFwmSfifgj8E9uJLtipxzbS5TFX7HV7_7J55Lvnh6fN3Y6PoGXiNa2NM4g1VKDI1oXXeWU9GGmcFFI6rKXTUKEzRV4JtGAlSVMUXmk3L5Mrdv3bO4bhY6KYykDjEFIswRRawFqJA7r9h7om1tS22NMwzdQKO3dpONCrI52qjlw5hqbD8F3-_Zc_UANS1A</recordid><startdate>201507</startdate><enddate>201507</enddate><creator>Sultan, Jay</creator><general>Endeavor Business Media</general><scope>CGR</scope><scope>CUY</scope><scope>CVF</scope><scope>ECM</scope><scope>EIF</scope><scope>NPM</scope><scope>7X8</scope><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>4S-</scope><scope>4T-</scope><scope>4U-</scope><scope>7RV</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X7</scope><scope>7XB</scope><scope>87Z</scope><scope>883</scope><scope>88C</scope><scope>88E</scope><scope>88K</scope><scope>8AL</scope><scope>8AO</scope><scope>8FE</scope><scope>8FG</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ARAPS</scope><scope>AZQEC</scope><scope>BEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BGLVJ</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>HCIFZ</scope><scope>JQ2</scope><scope>K60</scope><scope>K6~</scope><scope>K7-</scope><scope>K9.</scope><scope>KB0</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M0F</scope><scope>M0N</scope><scope>M0S</scope><scope>M0T</scope><scope>M1P</scope><scope>M2O</scope><scope>M2T</scope><scope>MBDVC</scope><scope>NAPCQ</scope><scope>P5Z</scope><scope>P62</scope><scope>PADUT</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PYYUZ</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>201507</creationdate><title>Finding the path toward fee-for-value</title><author>Sultan, Jay</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-p153t-ce86d6aac1b14e7c9f52b7f1636d3033dac3d51bad692b0a7173e3699f45d4553</frbrgroupid><rsrctype>magazinearticle</rsrctype><prefilter>magazinearticle</prefilter><language>eng</language><creationdate>2015</creationdate><topic>Business intelligence</topic><topic>Cost control</topic><topic>Health administration</topic><topic>Health care industry</topic><topic>Hospitals</topic><topic>Integrated approach</topic><topic>Organizational behavior</topic><topic>Physical therapy</topic><topic>Quality Assurance, Health Care - economics</topic><topic>Quality Assurance, Health Care - organization & administration</topic><topic>Reimbursement, Incentive</topic><topic>Surgeons</topic><topic>Value added</topic><topic>Value-Based Purchasing</topic><toplevel>online_resources</toplevel><creatorcontrib>Sultan, Jay</creatorcontrib><collection>Medline</collection><collection>MEDLINE</collection><collection>MEDLINE (Ovid)</collection><collection>MEDLINE</collection><collection>MEDLINE</collection><collection>PubMed</collection><collection>MEDLINE - Academic</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>BPIR.com Limited</collection><collection>Docstoc</collection><collection>University Readers</collection><collection>Proquest Nursing & Allied Health Source</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Health & Medical Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ABI/INFORM Trade & Industry (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Medical Database (Alumni Edition)</collection><collection>Telecommunications (Alumni Edition)</collection><collection>Computing Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>ProQuest SciTech Collection</collection><collection>ProQuest Technology Collection</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Advanced Technologies & Aerospace Collection</collection><collection>ProQuest Central Essentials</collection><collection>eLibrary</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>Technology Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>SciTech Premium Collection</collection><collection>ProQuest Computer Science Collection</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>Computer Science Database</collection><collection>ProQuest Health & Medical Complete (Alumni)</collection><collection>Nursing & Allied Health Database (Alumni Edition)</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>ABI/INFORM Trade & Industry</collection><collection>Computing Database</collection><collection>Health & Medical Collection (Alumni Edition)</collection><collection>Healthcare Administration Database</collection><collection>Medical Database</collection><collection>Research Library</collection><collection>Telecommunications Database</collection><collection>Research Library (Corporate)</collection><collection>Nursing & Allied Health Premium</collection><collection>Advanced Technologies & Aerospace Database</collection><collection>ProQuest Advanced Technologies & Aerospace Collection</collection><collection>Research Library China</collection><collection>One Business (ProQuest)</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Health Management Technology</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Sultan, Jay</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Finding the path toward fee-for-value</atitle><jtitle>Health Management Technology</jtitle><addtitle>Health Manag Technol</addtitle><date>2015-07</date><risdate>2015</risdate><volume>36</volume><issue>7</issue><spage>24</spage><epage>24</epage><pages>24-24</pages><issn>1074-4770</issn><coden>COHED2</coden><abstract>The path toward fee-for-value drives a new connection between the clinical and financial world. Going forward, the financial value of a service will be based more discreetly on the clinical value of the service, and the decision about the delivery of services will be made based on the new metric of volume plus value, instead of just volume. This may seem self-evident, but many organizations have not yet come to terms with the impact of this simple idea. The problem is organizational in nature. Both payer and provider organizations have people who focus on specialized areas as driven by business needs. However, business needs are undergoing a radical shift. The combination of payer and provider functionality through partnership, or through actual integration in the case of health systems owning health plans, is not only necessary, but organizations doing it well will have a significant competitive advantage over those who do not.</abstract><cop>United States</cop><pub>Endeavor Business Media</pub><pmid>26302615</pmid><tpages>1</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 1074-4770 |
| ispartof | Health Management Technology, 2015-07, Vol.36 (7), p.24-24 |
| issn | 1074-4770 |
| language | eng |
| recordid | cdi_proquest_reports_1695018405 |
| source | MEDLINE; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; Alma/SFX Local Collection; EBSCOhost Business Source Complete |
| subjects | Business intelligence Cost control Health administration Health care industry Hospitals Integrated approach Organizational behavior Physical therapy Quality Assurance, Health Care - economics Quality Assurance, Health Care - organization & administration Reimbursement, Incentive Surgeons Value added Value-Based Purchasing |
| title | Finding the path toward fee-for-value |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-30T10%3A28%3A42IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_pubme&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Finding%20the%20path%20toward%20fee-for-value&rft.jtitle=Health%20Management%20Technology&rft.au=Sultan,%20Jay&rft.date=2015-07&rft.volume=36&rft.issue=7&rft.spage=24&rft.epage=24&rft.pages=24-24&rft.issn=1074-4770&rft.coden=COHED2&rft_id=info:doi/&rft_dat=%3Cproquest_pubme%3E1707553515%3C/proquest_pubme%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1695018405&rft_id=info:pmid/26302615&rfr_iscdi=true |