Week 2 HC 306 Herzing a student handout

As a graduate of Herzing University’s Healthcare Management program, you have been asked by a colleague to prepare a student handout for a Healthcare Finance class. The professor has asked you to address Accountable Care Organizations within your state. Students will reference this handout as they study and complete assignments related to ACOs.

For this assignment, you will complete the following:

  • Learning objectives outline, 3-5 objectives
  • One-page handout entitled “What is an ACO?”
    • A combination of graphics and text should be used
    • Ensure all text is legible (not too small or placed over a distracting graphic)
    • Professional voice should be used (no “I” statements or personal opinions)
    • Include references in the footnotes section
  • Submit both pages as part of one Word document.

Please review the rubric to ensure that your assignment meets criteria.

Submit:

  • Accountable Care Organizations handout and learning objectives

Rubric

HC306 – Unit 2 Assignment 2

HC306 – Unit 2 Assignment 2

CriteriaRatingsPts

This criterion is linked to a Learning OutcomeContent

20.0 pts

5

Demonstrates the ability to construct a clear and insightful problem statement/thesis statement/topic statement with evidence of all relevant contextual factors.

18.0 pts

4

Demonstrates the ability to construct a problem statement, thesis statement/topic statement with evidence of most relevant contextual factors, and problem statement is adequately detailed.

16.0 pts

3

Begins to demonstrate the ability to construct a problem statement/thesis statement/topic statement with evidence of most relevant contextual factors, but problem statement is superficial.

14.0 pts

2

Demonstrates a limited ability in identifying a problem statement/thesis statement/topic statement or related contextual factors.

12.0 pts

1

Demonstrates the ability to explain contextual facts but does not provide a defined statement.

0.0 pts

0

There is no evidence of a defined statement.

20.0 pts

This criterion is linked to a Learning OutcomeAnalysis

20.0 pts

5

Organizes and compares evidence to reveal insightful patterns, differences, or similarities related to focus.

18.0 pts

4

Organizes and interprets evidence to reveal patterns, differences, or similarities related to focus.

16.0 pts

3

Organizes and describes evidence according to patterns, differences, or similarities related to focus.

14.0 pts

2

Organizes evidence, but the organization is not effective in revealing patterns, differences, or similarities.

12.0 pts

1

Describes evidence, but it is not organized and/ or is unrelated to focus.

0.0 pts

0

Lists evidence, but it is not organized and/ or is unrelated to focus.

20.0 pts

This criterion is linked to a Learning OutcomeWriting

5.0 pts

5

The paper exhibits a excellent command of written English language conventions. The paper has no errors in mechanics, grammar, or spelling.

4.5 pts

4

The paper exhibits a good command of written English language conventions. The paper has no errors in mechanics, or spelling with minor grammatical errors that impair the flow of communication.

4.0 pts

3

The paper exhibits a basic command of written English language conventions. The paper has minor errors in mechanics, grammar, or spelling that impact the flow of communication.

3.5 pts

2

The paper exhibits a limited command of written English language conventions. The paper has frequent errors in mechanics, grammar, or spelling that impede the flow of communication.

3.0 pts

1

The paper exhibits little command of written English language conventions. The paper has errors in mechanics, grammar, or spelling that cause the reader to stop and reread parts of the writing to discern meaning.

0.0 pts

0

The paper does not demonstrate command of written English language conventions. The paper has multiple errors in mechanics, grammar, or spelling that cause the reader difficulty discerning the meaning.

5.0 pts

This criterion is linked to a Learning OutcomeAPA

5.0 pts

5

The required APA elements are all included with correct formatting, including in-text citations and references.

4.5 pts

4

The required APA elements are all included with minor formatting errors, including in-text citations and references.

4.0 pts

3

The required APA elements are all included with multiple formatting errors, including in-text citations and references.

3.5 pts

2

The required APA elements are not all included. AND/OR there are major formatting errors, including in-text citations and references.

3.0 pts

1

Several APA elements are missing. The errors in formatting demonstrate limited understanding of APA guidelines, in-text-citations, and references.

0.0 pts

0

There is little to no evidence of APA formatting. AND/OR there are no in-text citations AND/OR references.

5.0 pts

Total Points: 50.0

Unit 2 Assignment 1 – Payment Models” aria-describedby=”msf1-previous-desc”>PreviousNext

Expert Solution Preview

Introduction:

This handout is designed to provide healthcare finance students with an overview of Accountable Care Organizations (ACOs) within their state. As a graduate of Herzing University’s Healthcare Management program, I have been asked to create a one-page handout and learning objectives that will help students reference important information as they study and complete assignments related to ACOs.

Learning Objectives:

1. Define what an ACO is and the purpose they serve in healthcare finance.
2. Describe the benefits and challenges of being part of an ACO as a healthcare provider.
3. Understand the types of payment models utilized by ACOs and the impact they have on healthcare costs and outcomes.
4. Analyze the role of ACOs in value-based care and their direct correlation to clinical outcomes and quality measures.
5. Identify examples of successful ACOs within the state and their impact on patient outcomes and cost savings.

One-Page Handout Entitled “What is an ACO?”

Accountable Care Organizations (ACOs) are groups of healthcare providers who seek to improve patient care while reducing healthcare costs. ACOs are formed by a combination of healthcare providers, which can include hospitals, physicians, and other healthcare professionals. The goal of an ACO is to create a more collaborative and coordinated approach to patient care, which can be achieved by implementing specific payment structures that incentivize providers to work together and achieve common goals.

The primary purpose of an ACO is to create an environment that enables healthcare providers to work together more effectively in order to improve patient outcomes and reduce costs. ACOs also help to bridge the gap between healthcare providers and insurers, creating a better relationship that benefits all parties involved.

Healthcare providers who are part of ACOs often enjoy several benefits. They are more likely to receive higher reimbursement rates for their services, and they can enjoy increased visibility in their local communities. Additionally, ACOs can provide providers with valuable resources, such as data analytics and quality improvement frameworks that help to improve patient care.

ACOs utilize various payment models, such as shared savings models or capitation models. These payment models aim to reduce healthcare costs while still maintaining patient quality of care. ACOs that utilize these payment structures tend to have improved clinical outcomes and higher patient satisfaction rates.

In conclusion, ACOs are an essential part of healthcare finance and provide a multitude of benefits for both healthcare providers and patients. By promoting collaboration and coordination among healthcare providers, ACOs can improve patient outcomes and reduce healthcare costs. Successful ACOs within the state serve as models for increased efficiency and cost savings in the healthcare industry.

References:

1. Centers for Medicare & Medicaid Services. (2019). Accountable Care Organizations (ACOs). Retrieved from
2. Davis, K., Guterman, S., & Stremikis, K. (2010). Accountable Care Organizations: Implications for Health Reform and Beyond. Retrieved from

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