Centers for Medicare & Medicaid Services (CMS) applauded the move to introduce bundled payments in medical care. This step was taken back in 2013 after a successful five-year pilot program. The private sector was keen to adopt this reimbursement method as it had shown great promise. Deirdre Baggot, a seasoned healthcare strategist, felt that the time was right for a shift in the healthcare sector.
History had demonstrated that care delivery is always enhanced whenever the reimbursement policy is changed. Most health care experts believed that the new changes would follow the same course. Bundled payments would inevitably result in reduced costs for commercial payers. Learn more about Deirdre Baggot at worldcongress.com
According to Deirdre Baggot, healthcare organizations need to appreciate innovations in the system if they hope to get anything from the new state of affairs. Skeptics view the bundles as unnecessary risks but the truth is that they will go a long way in motivating physicians. The healthcare system was being redesigned and it was only prudent for market players to realign themselves accordingly.
All these changes were brought on the board courtesy of the Affordable Care Act. The bundles would allow patients to enjoy care services three days before being admitted. They also get to receive post-discharge services that could last between one to three months depending on the bundle they choose. Select surgical procedures are also catered for.
Orthopedic services have for a long time been given high consideration when bundled options are offered. Numerous other commercial buyers have gone for pediatric and bariatric services. Given that patients are inclined to choose bundles for complex procedures, cardiovascular services are also featured frequently.
Deirdre Baggot believes that health care providers need to actively negotiate with commercial buyers so that no party feels aggrieved. She has spent a huge chunk of her career in the health care system and is well versed with how things run. Numerous health system boards have sought her advice on health care reform where she has made a name for herself.