Bundled Payments: Preparing for the Inevitable Shift

by Dean Farley, PhD | January 17, 2012

The idea of implementing bundled payments can be intimidating for any hospital CFO. But, as a way of paying providers that combines all the services needed to treat a patient, bundled payments are an inevitable step for both payers and providers as the industry heads toward accountable care.

The challenges of implementing bundled payment models are more operational than conceptual – improving the flow of information between provider and payer, collecting and delivering the right information about services delivered to these patients across multiple care providers, and ensuring consistent reimbursement. It’s obvious how the task can seem overwhelming – as most providers are much more comfortable focusing on the appropriate care model for specific clinical conditions like diabetes or hip fractures. But here’s how every provider can prepare to make the shift.

Read the full blog post.