Commonwealth Fund June 12, 2024
TOPLINES
Global budgets can curb rising health care costs by incentivizing hospitals to reduce unnecessary utilization and run more efficiently, but models must be simple and comprehensible for providers
Whether to include certain physician specialties and services in the global budget is a crucial decision that affects whether the providers making clinical choices and performing procedures are aligned with those who manage resources
Abstract
- Issue: Maryland has utilized hospital global budgeting for a decade, but the approach is rarely used elsewhere in this country. The Centers for Medicare and Medicaid Services now hopes to test global budgeting in more states to help scale up this form of cost containment.
- Goals: Examine the ways Maryland, Canada, the Netherlands, New Zealand,...
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