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The Value Equation Quiz

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Explain the value equation and provide examples of different items that may be included in the 'quality' part of the equation.

The value equation is VALUE = QUALITY/COST. Examples of different items that may be included in 'quality' are Credentialing, Delegation, Clinical oversight, and service oversight.

Which organization is responsible for the accreditation of health plans?

National Committee for Quality Assurance (NCQA)

What are the various components that go into setting a quality measurement?

Denominator, Numerator, Exclusions, Product lines

Why is the source of data important in quality measures?

<p>The source of the data documents the process of the standard review, including the claims data of the quality being measured. This is useful so that it can be referenced or accessed easily.</p> Signup and view all the answers