Becker's Healthcare August 20, 2021
The Biden administration has signaled plans to evolve from voluntary bundled payment programs to mandatory bundles.
Given that this evolution would mean the average U.S. hospital has seven-figure financial risk, hospitals must begin preparing now.
During a Becker’s CEO + CFO Virtual Forum session sponsored by Sound Physicians, CEO Robert Bessler, MD, and Chief Clinical Officer John Birkmeyer, MD, shared learnings about bundled payment programs and offered insights on how hospitals and health systems can be successful with mandatory bundles.
Four learnings and insights:
1. The features of the Bundled Payments for Care Improvement framework show how future bundled programs might be structured. Dr. Birkmeyer explained that bundled payment models aren’t new; CMS has done pilots for more than a decade....