Risk Modelling

Question 1 (25 Marks) The case study argues two fundamental business models for the health care sector. The rst one is a shared savings model where the Health Care Provider (HEP) shares the risks as well as the prots with the payer. The second model is the full- risk model where the health care provider owns all the risks as well as the prots. The latter approach should then have a holistic approach to the payer's health. These business models are both risk-based and therefore are subject to the same rules. Using the appropriate standard. summarise the risk management process that the Health Care Providers should follow to operate? Question 2 :25 Marks} One of the trey aspects ct the Risk Management Process which the HCPs should be using as an essential tool is risk modeling. It can be argued that for the sustainability ct the HCPs a comprehensive understanding of the fundamentals of risk modeling is enticed. Using appropriate diagrams. propose a ristr model showing all the relevant inputs and outputs torthis risk model that the HCPs should use?I