You are invited to explore and discuss in this week’s discussion question

You are invited to explore and discuss in this week’s discussion question, key elements of value-based purchasing such as:Contracting arrangements being utilized to spell out the responsibilities of employers as purchasers with selected insurance, managed care, and hospital and physician groups as suppliers.Information required to support the management of purchasing activities.Quality management metrics that are measured to drive continuous improvements in the process of healthcare purchasing and in the delivery of healthcare services.Incentives being used to encourage and reward desired practices by providers and consumers.Education initiatives being rolled out to help employees become better healthcare consumers. Be sure and note where we are in terms of adopting Value-Based Purchasing initiatives for hospitals and then other providers such as physicians.