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Don't Bungle Bundled Payments
Philip Betbeze, for HealthLeaders Media, July 27, 2012
For most hospitals and health systems, a change to a bundled payment is fraught not only with financial risk, but also the risk of a change in work patterns and culture within and outside the organization. Like a marriage, such massive changes shouldn't be entered into lightly. Through simulations such as these, changes can be made over time and don't have to be so jolting and risky.
After all, you can't afford to ignore the demand for better value in healthcare, allowing other systems to leapfrog yours in the transformation.
Philip Betbeze is senior leadership editor with HealthLeaders Media.
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Comments are moderated. Please be patient.
Todd (7/27/2012 at 4:55 PM)
So funny. International centers of excellence hospitals like Bumrungrad, Severance and Sime Darby all provide a single bundled payment. Yet US facilities are once again behind the curve. More employers should incent their employees to travel internationally for surgery and take advantage of high quality care and lower cost and bundled payments.