Assignment: Nursing Activity Based  Funding

Assignment: Nursing Activity Based  Funding
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Assignment: Nursing Activity Based  Funding
Assignment: Nursing Activity Based Funding
Week 1 – Assignment 3 Each week, you are required to enter your patient encounters into eMedley. Your faculty will be checking to ensure you are seeing the right number and mix of patients for a good learning experience. You will also need to include a minimum of one complete SOAP note using the Pediatric SOAP Note template. The SOAP note should be related to the content covered in this week, and the completed note should be submitted to the Dropbox. When submitting your note, be sure to include the reference number from eMedley. Submission Details: By Saturday, July 29, 2017, enter your patient encounters into eMedley and complete at least one SOAP note in the template provided. Name your SOAP note document SU_NSG6435_W1_A3_LastName_FirstInitial.doc. Include the reference number from eMedley in your document. Submit your document to the W1 Assignment 3 Dropbox by Wednesday, August 2, 2017.
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Prior to the introduction of nationally consistent Activity Based Funding (ABF) by the Commonwealth Government, Casemix based funding was the key funding model used in Australian health care services for reimbursement of the cost of patient care.
In the Netherlands, the casemix system is called a “DBC” (Dutch:Diagnosebehandelcombinatie), and can be defined as a predefined average care package, which is applied with a fixed price when a specific diagnosis occurs.[2]
Casemix is a system that measures hospital performance, aiming to reward initiatives that increase efficiency in hospitals. It also serves as an information tool that allows policy makers to understand the nature and complexity of health care delivery.
Diagnosis-Related Groups (DRGs) is the best-known classification system that is used in this funding model. It classifies acute inpatient episodes into a number of manageable categories based on clinical condition and resource consumption. A single acute episode of inpatient care is allocated to one DRG using coded clinical information derived from the patient’s medical record. This information is coded by the Health Information Managers in order to allocate a DRG. Each DRG is allocated a ‘weight’, which is dependent on the average cost of inputs (e.g. nursing, diagnostic services, procedures) required to achieve the appropriate patient outcome. The facility is reimbursed a predetermined amount for each patient episode.
 
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