Create a Venn Diagram (with a minimum of 4 points) to compare and contrast two of the Managed Care Reimbursement methods listed above.

Managed care is a system of health care delivery that aims to provide a generalized structure and focus when managing the use, access, cost, quality, and effectiveness of health care services. There are various ways in which the managed care organization reimburses hospitals for their services. Examples of Managed Care Reimbursement Methods include the following:

• Percent-of-charge payment
• Per diem payment
• Case rate payment (DRGs and MS-DRGs)
• Ambulatory Patient Grouper (APG)
• Ambulatory Payment Classification (APCs)
• Other types of reimbursement (carve-out, stop-loss, and withhold pools)

Instructions

• Create a Venn Diagram (with a minimum of 4 points) to compare and contrast two of the Managed Care Reimbursement methods listed above.
• Summarize your findings in a one-page paper. In your summary, explain how each method is different and provide an example of when it is appropriate for an organization to use each method.
• A minmum of two APA citations must be used