bundled payment

bundled payment

A single comprehensive payment made to healthcare providers—hospitals and physicians—for a group of related services, based on the expected costs for a clinically defined episode of care.
References in periodicals archive ?
Also of note, Persivia will soon be releasing a Bundled Payment Management and Analytics solution to support the CMS Comprehensive Care in Joint Replacement(CCJR) model when it becomes effective on April 1, 2016.
The Medicare program's payment policy for dialysis care provides a unique opportunity to examine the effects of transitioning from a limited bundle with FFS payments for ancillary tests and drugs to an expanded bundled payment and pay-for-performance incentives.
Featuring patient-centered design, broad connectivity and unmatched scalability, IVCT was built for the evolving value-based era, exemplified by ACOs, managed care and bundled payment initiatives.
Value-based payment, or bundled payment, is part of utilization control to redesign a fee-for-service system that traditionally rewards provision of services rather than achievement of outcomes and controlled costs.
Shared Savings Method, Partial Capitation, Bundled Payment and Global Payment, which would help clients make wise decisions while entering the ACO market.
Bundled payment lends itself for procedures or events rather than chronic care.
Whether or not it will ultimately become a standard of managing patients is unknown, but there is a tremendous amount of interest in the bundled payment concept," said Steven L.
Utilizing a bundled payment structure, PACE's model brings together teams of physicians, nurses, social workers and therapists to devise and implement individualized care plans for seniors in a community setting.
As just one example of how things will change under integrated healthcare, consider an arrangement in which a large integrated healthcare system receives a bundled payment for a joint replacement.
At that time, the only organization really doing bundled payment contracts was Geisinger Health System [Danville, Pa.
For example, a Medicare heart bypass surgery bundled payment demonstration saved the program $42.
It uses the creation of accountable care organizations, health care homes, and bundled payment projects as examples of effective execution, and provides a companion website with web links, resources, and videos on the software mentioned in the book.