solved Payment Mode AnalysisNurses play a pivotal role in providing care
Payment Mode AnalysisNurses play a pivotal role in providing care within the boundaries of their organization’s budget. In order to become a leader in the field to improve quality care and reduce cost, you need to understand the nuances of the way health care organizations are paid Complete the table to analyze each payment mode.Apply what you’ve learned to complete the activity following the table. Payment Mode Name Summary Strengths Weaknesses Fee for Service Pay for Performance Patient-Centered Medical Homes Accountable Care Organizations Bundled Payments Global Budgets Payment Mode Activity If you were the person in each of the following scenarios, which payment mode would you prefer?A 28-year-old with poorly controlled diabetesAn elderly individual with multiple chronic conditionsA pediatric neurosurgeonA registered nurseProvide a short rationale for each decision.