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Physician group practices struggle with bundled payments: study
Fierce Healthcare January 3, 2023
When compared to hospitals, physician group practices don’t fare quite as well in bundled payment arrangements, according to a new study.
Physician group practices participating in the Bundled Payments for Care Improvement (BPCI) Initiative garnered cost savings for the top five conditions that require medical intervention but did not save money for the top five surgical procedures.
On the other hand, hospitals participating in the BPCI initiative saved money for both categories, according to a study in JAMA Health Forum.
Researchers at the University of Pennsylvania said their findings underscore the “suitability of hospitals to bundled payment models, specifically highlighting their relative advantage over group practices in achieving cost and potential quality outcomes for medical conditions.”
How hospitals perform in...
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Topics: Bundled Payments, CMS, Govt Agencies, Insurance, Medicare, Payment Models, Physician, Provider, Survey / Study, Trends, Value Based