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Essay Available:
Pages:
2 pages/β‰ˆ550 words
Sources:
3 Sources
Style:
APA
Subject:
Health, Medicine, Nursing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.37
Topic:

Analysis of Medicare Access and Chip Reauthorization Act (MACRA) of 2015

Coursework Instructions:

Dr. Jane Doe has participated in quality initiatives but nothing very fonnal, and she has not submitted any data.  Without anything ormal , and with the passing of MACRA as it is proposed , she will not be able to bill for Medicare services unless she changes her practice.

  • Some physicians have decided to be employed by larger group practices. and have the impacts of MACRA dealt with at the group level.
  • Some physicians have decided to manage the quality data and reporting on their own.
  • Some physicians have decided to affiliate with an ACO, and participate in alternative payment models that would comply with the MACRA guidelines.

Options Available to Dr. Jane Doe

Dr. Doe has decided not to become employed by a larger group, so based on your research with the options to comply with MACRA (and the information listed above), you will determine that she only bas 2 choices.  Below, please list the options, and pros and cons to each.

Coursework Sample Content Preview:

Analysis of Medicare Access and Chip Reauthorization Act (MACRA) of 2015
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Option 1: Solo Practice
Dr. Jane Doe has the credentials to launch her practice. Choosing this path would provide her complete independence in running her own business, making medical decisions, and interacting with patients (Zwiep et al., 2021). In addition, she could set her hours and characterize her company as she saw fit. This freedom can strengthen the relationship between the healthcare provider and the person needing care, allowing for more personalized treatment. (Skaggs & Coldiron, 2023). Dr. Doe would oversee administrative tasks like billing, scheduling, and regulatory compliance.

Pros to Option 1.
* One has complete control and independence over their work.
* A solid relationship between the doctor and the patient can be established.
* The ability to set up open work hours and rules about how to act professionally.

Cons to Option 1.
* The complexity of administrative tasks has increased.
* Financial risks and additional expenses are present.
* Insufficient resources are available for the expansion of services or the construction of buildings.

Option 2: Concierge Medicine
If Dr. Jane Doe prefers VIP treatment, she can visit a concierge clinic. Patients must pay a yearly charge in exchange for individualized medical care and other benefits. Dr. Doe has found that limiting the number of patients he sees simultaneously allows him to devote more time and attention to each individual. You may be able to improve your work-life balance and increase your income by selecting this alternative (Zwiep et al., 2021). Uneven access to health care has ethical concerns, as it may reduce the number of patients Dr. Doe can treat.

Pros to Option 2.
* The doctor-patient interaction has been improved.
* Enhanced equilibrium between professional and personal responsibilities.
* There exists a potential for increased revenue per patient.

Cons to Option 2.
* One of the primary ethical considerations pertains to the issue of uneven access to healthcare services.
* The patient pool is restricted as...
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