What are the differences between value-based payment, risk-based payment, and non-risk based payment in healthcare? I...

What are the differences between value-based payment, risk-based payment, and non-risk based payment in healthcare? I need a simple explanation, I am very confused!

Expert Solution

Value Based Payment is a concept by which purchasers of health care i.e, government, employers, and consumers and payers hold the health care delivery system at large accountable for both quality and cost of care

Risk-based payments are predicated on an estimate of what the expected costs to treat a particular condition or patient population should be.

jeff jeffy answered 2 years ago

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