Harvard Business Review March 30, 2021
Summary.
The pace of the transition from fee-for-service to value-based payments for health care is virtually certain to accelerate in coming years. Consequently, care providers will have to learn how to succeed in the new environment. The approach used by CHA Hollywood Presbyterian Medical Center (HPMC) in Los Angeles to participate successfully in the Centers for Medicare & Medicaid’s Services Bundled Payments for Care Improvement Advanced (BPCIA) model can help other hospitals and physician groups when they undertake the same journey.
As the U.S. shifts from fee-for-service to value-based payment for health care, it is becoming increasingly important for providers to learn how to succeed with bundled payments. Bundled...
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