CMS Bundled Payment Changes Untenable?
"Applicants need to understand the risk that some of these changes can cause for their organization," she says.
Consider the example of a cardiac patient receiving treatment at Hospital A 80 miles from his or her home. Upon returning from the hospital, the patient fails to take medication. The patient starts having some mild pain and calls the primary care provider. The PCP knows the history of heart problems and immediately directs the patient to go to the nearest hospital—Hospital B. If this episode occurs within 30 days of the first admission, then Hospital A is responsible for the effects of any care given at Hospital B.
"Asking hospitals to take on risk for things like this where they have no control is going to be a non-starter for applicants," believes Baggot.
Baggot says a positive change to the CMS bundled payment program is the ability to preview the financial impact before signing an agreement to participate. CMS has agreed to collect six months of data for applicants, from January to June 2013. The data will help the applicants see their financial and readmission rates based on the new CMS guidelines, and allow the applicants to decide if this type of payment model is a viable option for their organizations.
That's a considerable plus for the many healthcare organizations that don't know where their patients go after they leave their building. Now hospitals will be able to see data on how different physicians would influence reimbursements.
- As Medicare Advantage Cuts Loom, Disagreement Over Program's Stability
- Doctors Feel Pressure to Accept Risk-based Reimbursement
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- Centralizing the Revenue Cycle Protects the Bottom Line
- A Fresh Look at End-of-Life Care
- 3 in 4 Patients Want E-mail Consultations
- Heart Attack Patient Costs Skyrocket Beyond 30 Days
- CA Fines 8 Hospitals for Medical Errors
- ACGME Chief Sees 'Huge' Risk of Error in Proposed Assistant Physician Licensure
- 3 Insider Tips on Cutting Costs without Strangling Growth