What does PDPM stand for in healthcare payment models?

The correct answer is "Patient-Driven Payment Model." This term refers to a Medicare payment system that was implemented to reimburse skilled nursing facilities (SNFs) based on the individual needs of the patients, rather than the volume of services provided. The PDPM focuses on value-based care, emphasizing the importance of patient characteristics, clinical conditions, and care needs to determine payment.

In this model, healthcare providers are encouraged to deliver quality care tailored to each patient's unique circumstances, reflecting a shift from traditional payment structures that often incentivized higher service volumes without regard for the patient's specific needs. By aligning payment with patient care, PDPM aims to enhance outcomes and patient satisfaction while effectively managing costs within the healthcare system.