Adjustments of Risk Stratification Programs (Essay Sample)
the task demonstrates the understanding of risk adjustiment and risk stratification. IT IS CONCERNED WITH PATIENTS UNDERGOING TOTAL KNEE OR HIP ARTHROPLASTY. IT OUTLINES THE METHODS OF RISK STRATIFICATION SUCH AS HIERARCHICAL CONDITION CATEGORIES AND CMPREHENSIVE CARE FOR JOINT RELACEMENT. THE RISK ADJUSTMENT METHOD INCLUDE EPISODE OF CARE COST.source..
Risk stratification is a systematic practice using objective and subjective data to assess patients' risk levels. The determined risk level enables healthcare practitioners to make care decisions such as resource allocation for patients. Risk stratification improves practitioners' quality of care services through cost reduction and increasing focus to sickest patients. However, risk adjustment is used to predict and modify patients' expenditures by comparing a patient's health status with a risk score. Risk adjustment programs enable health insurance to receive adequate compensation for patients using their services. The government has introduced programs to serve all public members, ensuring equality and equity to all patients.
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