4 Steps Hospitals Can Take to Pilot Bundled Payments

1. Define the focus: Hospitals need to be cognizant of what other payment reform initiatives are going on in their communities
2. Analyze the data: Healthcare is becoming defined by how leaders interpret data
3. Negotiate the deal: When hospitals decide to implement a bundled payment, executives must carefully iron out a case rate that allows for a margin
4. Figure out the small stuff: Hospitals need to consider frontend issues, like how the bundled payment program will be communicated to patients, before rolling out the initiative

Source: Becker's Hospital Review
Source URL: http://www.beckershospitalreview.com/racs-/-icd-9-/-icd-10/4...

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