Bundled Payments

Small Steps for Accountable Care Organizations to Boost Quality

by Vera Gruessner

While the Medicare Shared Savings Program and the Pioneer Accountable Care Organizations (ACOs) are relatively new programs for the Centers for Medicare & Medicaid Services (CMS), various results...

Top 4 Factors Necessary for Bundled Payment Model Contract

by Vera Gruessner

In today’s healthcare climate, payers are working to develop value-based reimbursement contracts with their provider network. Lately, payer and provider contract negotiations are often based...

75% of Providers Drop Out of CMS Bundled Payments Model

by Vera Gruessner

The Innovation Center belonging to the Centers for Medicare & Medicaid Services (CMS) created the Bundled Payments for Care Improvement (BPCI) program, which consists of setting aside a previously...

Why Value-based Care Needs Clinical Decision Support Tools

by Vera Gruessner

Ever since new legislation such as the Affordable Care Act or the Health Information Technology for Economic and Clinical Health (HITECH) Act were passed, the healthcare industry has been reforming and...

Top 4 Healthcare Insurance Trends to Expect in 2016

by Vera Gruessner

As the year is coming to a close and many are getting ready to celebrate the holidays, it is important to look toward the coming year and prepare for healthcare insurance trends expected to impact the...

Challenges, Advantages of Merit-Based Incentive Payment System

by Vera Gruessner

The Merit-Based Incentive Payment System (MIPS) is a new reimbursement program used by the Centers for Medicare & Medicaid Services (CMS) that has its own unique set of challenges and advantages...

Why Population Health Data is Integral for Value-based Care

by Vera Gruessner

The study of population health data could be relevant for both payers and providers, as it could affect reimbursement for healthcare services. As hospitals and clinics continue to promote wellness...

CMS Innovation Center’s Role in Improving Value-based Care

by Vera Gruessner

As healthcare payers and providers look toward adopting value-based care and move away from fee-for-service payment models, the Centers for Medicare & Medicaid Services (CMS) Innovation Center has...

How to Create a Useful Contract for Bundled Payment System

by Vera Gruessner

In 2013, the Centers for Medicare & Medicaid Services (CMS) Innovation Center announced that 450 medical providers will take part in a Bundled Payments for Care Improvement initiative. However,...

How the Bundled Payment System Supports Coordinated Care

by Vera Gruessner

The bundled payment system offers a method for reducing skyrocketing costs throughout the healthcare delivery continuum by moving away from fee-for-service reimbursement. In particular, the bundled...

Three Steps to Address Healthcare Spending of New Technologies

by Vera Gruessner

Healthcare spending accounts for a wide variety of procedures, services, and technologies adopted or offered by medical providers, payers, and patients. In recent years, the healthcare industry has...

Do Bundled Payment Models Pose Complications for Surgery?

by Vera Gruessner

Due to ongoing reforms in the healthcare industry, both federal government agencies as well as insurance companies are looking to renovate healthcare payment methods. Value-based care instead of...

2 Advantages, 2 Limitations of Bundled Payment Participation

by Jacqueline DiChiara

Are bundled payments the new future of healthcare? The expansion of bundled payments has been actively present within policy activity over the past three decades of healthcare reform, consistently...

Bundled Payments Benefit Payers, Increase Quality of Care

by Sara Heath

Bundled payment systems are creating a lot of buzz in the healthcare industry as payers move away from fee-for-service payments and toward value-based payments. But what are bundled payments, and what...