• In the course, we have considered the evolution of third-party reimbursement/payment (Medicare, Medicaid, Commercial Insurance, etc.) for health care organizations and providers.From a time that payment was issued comparable to actual charges, to fee for service arrangements, to methods for relating payment based on the extent of resource use for clinical interventions and to the transition from retrospective to prospective payment.Health care organizations and providers are still presently paid through a mixture of payment methods and there is increasing emphasis from the federal and state governments, as well as the commercial (managed care) insurance carriers, on requiring providers to apply “value-based” approaches within their operations – assuming the risk for payment based on the outcomes of such operations.

Please study the following articles (attached) and video (link below) from the Harvard Business Review. From the articles and video, provide your critical thinking of their meaning for the health care administrator/manager in carrying out his/her responsibilities within the operations of the health care organization and applying the meaning and principles of “value-based” payment.

I post the requirements in detail and the part from my group mates. What I am responsible is question 2. Please answer the question 2 related the resources that I post and make it smoothly. It requires 2-3 pages.