When the
episode of care ends, Medicare will compare its total outlay to all providers to the pre-determined bundle price that naviHealth set in its contract with Medicare.
In addition to the options of prospective or retrospective payment, providers could choose how long the
episode of care will be and what conditions they want to bundle payment for, and what services would be included in the payment.
* KEY WORDS
Episode of care; family practice; reason for encounter [non-MESH]; diagnosis; coding [non-MESH]; classification; prescribing [non-MESH]; comparative study.
Beyond a single
episode of care, the long-term health of an individual might be influenced by the kind of lab testing he or she receives.
Payments can be set prospectively for each visit provided, each month of care, each
episode of care, or each month of program enrollment, for example.
Sound is a physician organization providing services across the acute
episode of care - through emergency medicine, critical care, hospital medicine, transitional care and advisory services.
The Centers for Medicare & Medicaid Services is sending a clear message with CJR: They want hospitals and post-acute providers to partner and coordinate for a patient's entire 90-day
episode of care. Through an Internet of Things approach, TracPatch helps both the patient and healthcare provider coordinate care and accountability.
The
Episode of Care model, which pays providers a fixed amount for all services rendered in a bundle ("episode") of care, has been discussed at some length, but remains untested, and in the end, may turn out to be just another variant of capitation.
The Bundled Payments for Care Improvement (BPCI) initiative was designed to test whether linking payments for all providers involved in an
episode of care reduces Medicare costs, while maintaining or improving quality of care.
Under the new model, hospitals will be held accountable for the total cost of all delivered services across the entire
episode of care and will have to meet regional financial targets set by CMS (Centers for Medicare and Medicaid Services).
Each observation in this dataset corresponds to a patient's 60-day-long
episode of care. Descriptive statistics on main variables are presented in Table 1.