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Fact Based List:
4 Steps Hospitals Can Take to Pilot Bundled Payments
Submitted By jryan@mcol.com, Created 06/13/2013 - 10:17
- Define the focus: Hospitals need to be cognizant of what other payment reform initiatives are going on in their communities
- Analyze the data: Healthcare is becoming defined by how leaders interpret data
- Negotiate the deal: When hospitals decide to implement a bundled payment, executives must carefully iron out a case rate that allows for a margin
- 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...