2 payment models incentivizing cost-effective joint replacements
Becker's Healthcare July 19, 2019
Joint replacement procedures are migrating to outpatient facilities with the help of innovative payment models, according to Fusion5, a company focused on building partnerships to advance value-based care.
The number of hip replacement procedures performed each year will increase 171 percent by 2030, according to a Fusion5 post citing research presented at the 2018 AAOS Annual Meeting.
Meanwhile, joint replacement costs vary significantly. In Dallas, a hip replacement can cost anywhere from $21,000 to $99,000, Fusion5 said.
The company highlighted two payment models incentivizing “cost-effective, exceptional care” in the midst of these trends:
1. Horizon Blue Cross introduced an episode of care program that reportedly reduced hip replacement...