Chapter 2 terms Question and answers rated A+ 2023/2024

Chapter 2 terms Question and answers rated A+ 2023/2024accountable care organization (ACO) - correct answer groups of physicians, hospitals, and other health care providers, all of whom come together voluntarily to provide coordinated high quality care to Medicare patients advanced alternative payment models (advanced APMs) - correct answer include new ways for CMS to reimburse health care providers for care provided to Medicare beneficiaries; providers who participate in an Advanced APM through Medicare Part B may earn an incentive payment for participating in the innovative payment model. alternative payment models (APMs) - correct answer establish new ways for CMS to reimburse health care providers for the care they give Medicare beneficiaries (e.g., patient centered medical homes). ambulatory payment classifications (APCs) - correct answer prospective payment system used to calculate reimbursement for outpatient care according to similar clinical characteristics and in terms of resources required. American Recovery and Reinvestment Act of 2009 (ARRA) - correct answer authorized an expenditure of $1.5 billion for grants for construction, renovation, and equipment, and for the acquisition of health information technology system