Unbiased Analysis of Today's Healthcare Issues
Bundled payments sound like a great idea for improving efficiency and in the short-run they are. Bundled payments involve paying a fixed fee for the treatment of a specific patient over a specific time period. For instance, CMS have considered using a singled bundled payment to reimburse providers for both acute and post-acute care providers. This approach gives providers…
Bundled Payments for Care Improvement (BPCI)A helpful post from Steven A. Farmer, Meaghan George and Mark B. McClellan explains. Comprehensive Care for Joint Replacement (CCJR) is a bundled payment structure for hip and knee replacements. CMS notes that: 2013, there were more than 400,000 inpatient primary procedures in Medicare, costing more than $7 billion for hospitalization alone.…
J.K. Wall provides an apt analogy at The Health Care Blog of why hospital billing is so confusing: If McDonald’s operated like a hospital, when you ordered a Happy Meal with a burger, fries and drink, you would be charged a separate price for the meat, bun, cheese, pickle, mayo and paper wrapper, the…