The Medicare bundled payment pilot program participation considerations.
The Medicare bundled payment pilot program is scheduled to begin in January 2013 and will run for five years. The program holds the promise of increased alignment between hospitals and physicians, presenting opportunities for hospital cost reduction and improvements in quality. Nonetheless, the program carries fixed costs and assumption of risks that hospitals need to evaluate as they deliberate over whether to seek to participate in the program.
Pearce
Jonathan W
JW
DGA Partners, Bala Cynwyd, PA, USA. jpearce@dgapartners.com
Harris
John M
JM
D003266:Continuity of Patient Care / Q000191:economics; D003284:Contract Services / Q000191:economics; D003363:Cost Control; D003953:Diagnosis-Related Groups; D017050:Episode of Care; D006291:Health Policy; D017721:Hospital Costs; D006801:Humans; D006278:Medicare / Q000191:economics* / Q000331:legislation & jurisprudence*; D010865:Pilot Projects; D011785:Quality Assurance, Health Care; D012051:Reimbursement Mechanisms; D019467:Subacute Care / Q000191:economics; D014481:United States