What describes a global reimbursement payment structure?

A global reimbursement payment structure refers to a payment model wherein a single predetermined fee is established to cover a related group of services, rather than compensating each individual service separately. This approach streamlines the reimbursement process by offering a comprehensive payment that accounts for all necessary services within a specific episode of care or treatment cycle.

This model is particularly useful in scenarios such as bundled payments for surgeries or management of chronic illnesses, where multiple services are typically required. By consolidating these services into one payment, healthcare providers are incentivized to offer efficient and coordinated care, ultimately aiming for improved patient outcomes while managing costs effectively. This approach contrasts with payment methods that may reimburse each service individually or vary by patient needs, which can lead to increased complexity and potential inefficiencies in the delivery of care.