ASCs, payers ramp up bundled payment initiatives as drive to value-based care continues

Becker's Healthcare September 16, 2021
Alan Condon

Several payers are expanding bundled payment programs this year as studies continue to document the cost savings that payers, providers and patients can achieve through well-organized value-based initiatives.

Anthem Blue Cross and Blue Shield in Ohio and Sharonville, Ohio-based Beacon Orthopaedics & Sports Medicine are piloting a bundled payment agreement that saved employers more than $1 million in its first year.

Launched in July 2020, the spine and total joint replacement program provides more opportunities for surgeries to be done at Beacon’s ASC instead of hospitals, and is “driving cost savings and quality,” according to Beacon CEO Andy Blankemeyer.

These cost savings, as well as improved patient outcomes — because of increased coordination among providers — are pushing more payers...

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