Showing posts with label Bundled Payments. Show all posts
Showing posts with label Bundled Payments. Show all posts

Tuesday, April 28, 2015

RAND Corporation and AMA study: Physicians need support and guidance to further advance delivery reforms

Physician practices are engaging in new health care payment models intended to improve quality and reduce costs, but are finding that they need help with successfully managing increasing amounts of data and figuring out how to respond to the diversity of programs and quality metrics from different payers, according to a joint study released in March by the RAND Corporation and the American Medical Association.

Both the federal government and private payers are changing the way they pay physicians and other health professionals, moving to innovative models intended to improve quality and reduce costs.

Many physician practices are responding by partnering or merging with other medical practices or hospitals in order to better support the investments necessary to succeed in new payment models, such as care managers and information technology. Practices say that realigning their operations to the goals of the new payment strategies can be challenging when necessary data are not available or different payment models conflict with each other.

Researchers performed case studies of 34 physician practices in six diverse geographic markets to determine the effects that alternative health care payment models are having on physicians and medical practices in the United States.

The payment models include episode-based and bundled payments, shared savings, pay-for-performance, capitation and retainer-based practices. Accountable care organizations and medical homes, two new organizational models, also were examined.

The findings are intended to help guide system-wide efforts by the AMA, the study's sponsor and co-author, and other health care stakeholders to improve alternative payment models and help physician practices successfully adapt to the changes.

The study found that alternative payment models generally have not changed the core content of physicians' clinical work. Efforts to improve efficiency by delegating some tasks to non-physicians has had the unintended consequence of increasing the intensity of physicians work, raising concerns about burnout.

The project conducted interviews between April and November 2014, speaking with 81 people from 34 physician practices in six markets throughout the country: Little Rock, Arkansas; Orange County, California; Miami, Florida; Boston, Massachusetts; Lansing, Michigan; and Greenville, South Carolina. Researchers also spoke to leaders of 10 payers, nine hospitals or hospital systems, seven local medical societies and five Medical Group Management Association chapters.

The report, “Effects of Health Care Payment Models on Physician Practice in the United States,” is available at www.rand.org.

Monday, October 28, 2013

New CPR-HCI3 Paper Examines the Power of Coupling Reference Pricing With Bundled Payment

Pairing reference pricing and bundled payment together can be a potent strategy for purchasers and plans to reduce health care costs, while providing the right incentives and high-quality care to employees and members. Check out the new paper from Catalyst for Payment Reform and the Health Care Incentives Improvement Institute (HCI3) that details how to combine these two for maximum value.

Wednesday, April 17, 2013

Providers Are Preparing for Bundled Payments

This article from Hospital & Health Networks provides a summary of the issues surrounding the implementation of a bundled payment program including insights from a variety of specific health markets. Among the considerations hospitals and other providers must analyze when designing and testing bundled payments are: alignment of financial incentives, the need for and importance of data, and the importance of recognizing bundled payments require culture change. Also included are references to resources to be used in preparing for bundled payments, including materials created by the Health Care Incentives Improvement Institute (HCI3), and organization closely aligned with NBCH.  In addition, Booz & Co. has published a white paper describing the consumer perspective on bundled payments.

Friday, March 29, 2013

Advisory Board Develops Private Sector Bundled Payment Tracker

The Advisory Board has developed a database of hospitals, health systems, and private sector payers that have adopted commercial bundled payment strategies. Currently, there are more than 30 different agreements in place. The database is interactive and provides details on the payment arrangements, including whether they are employer-driven or plan-driven.

Tuesday, October 23, 2012

Recent Publications by Bailit Health

Over the past few months Bailit Health staff have authored several papers and briefs on payment reform strategies and value-based purchasing. We have created this special newsletter to share these publications with you, and to provide you with descriptions from a sample of our current projects. Should you have questions about any of these publications, please contact any member of the team or visit the website at www.bailit-health.com.

  • The Design And Application Of Shared Savings Programs: Lessons From Early Adopters Joel S. Weissman, Michael Bailit, Guy D’Andrea & Meredith B. Rosenthal Health Affairs - September 2012 Read Abstract
  • Bundled Payment Across the U.S. Today: Status of Implementations and Operational Findings Michael Bailit and Megan Burns Health Care Incentives Improvement Institute - May 2012 Download Report
  • Delivering Value: How Value-Based Purchasing Improves Quality and Lowers Costs Michael Bailit and Megan Burns Buying Value - July 2012  Download Report

Friday, June 1, 2012

New study finds significant and growing payment reform activity

Today's Health Affairs blog features a post from Dr. Michael Painter with the Robert Wood Johnson Foundation on how we can no longer rely on the way we predominantly pay for health care. It's also the introduction for the latest Health Care Incentives Improvement Institute (HCI3) Issue Brief on the results of a recent independent study on bundled payment efforts across the U.S.

Of the 19 studied bundled payment health care reimbursement implementation sites in process in the U.S., half are operational, and the remaining are continuing to progress in their implementations.

Conducted by Megan Burns and Michael Baillit, the report details the current real world state of bundled payments and examines how medical conditions are addressed, how bundles are defined, risk is distributed and payments are made.

Friday, March 23, 2012

Washington Post on second anniversary of health reform

On the second anniversary of the Affordable Care Act, there is a great deal of commentary around the pros and cons, as well as predictions as to what will happen after the Supreme Court hears arguments on the constitutionality of the individual mandate.

Here are two articles on the topic in today's Washington Post:

"Health reform turns 2," by Ezra Klein

"Health reform at 2: Why American health care will never be the same," by Sara Kliff

Wednesday, October 5, 2011

Redesigning Healthcare Delivery Through Bundled Payments for Care

Q&A With Center for Medicare and Medicaid Innovation's Valinda Rutledge
On Aug. 22, CMS released a request for application for the Bundled Payments for Care Improvement Initiative. The initiative, created by the Patient Protection and Affordable Care Act, incents physicians and hospitals to coordinate care, which is intended to improve quality and reduce healthcare costs associated with treating Medicaid beneficiaries. For providers that are accepted, CMS will pay for an entire episode of a patient care, rather than pay for each service separately, and physicians and healthcare facilities will be able to share in any savings created by better coordinating care. Read the Q&A article...

Related: NBCH Webinar: Bundled Payments for Care Improvement (September 19, 2011)
Slides
Webinar Recording

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