title: Managing bundled payments.
abstract: Results of Medicare's ACE demonstration project and Geisinger Health System's ProvenCare initiative provide insight into the challenges hospitals will face as bundled payment proliferates. An early analysis of these results suggests that hospitals would benefit from bringing full automation using clinical IT tools to bear in their efforts to meet these challenges. Other important factors contributing to success include board and physician leadership, organizational structure, pricing methodology for bidding, evidence-based medical practice guidelines, supply cost management, process efficiency management, proactive and aggressive case management, business development and marketing strategy, and the financial management system.
authors.affiliation: HFMA, Texas Gulf Coast Chapter, USA. andy.draper@hcahealthcare.com
authors.forename: Andrew
authors.initials: A
authors.lastname: Draper
mesh_terms: D004469:Economics, Hospital / Q000458:organization & administration*; D017598:Efficiency, Organizational / Q000191:economics*; D006751:Hospital Information Systems; D012051:Reimbursement Mechanisms / Q000458:organization & administration*; D014481:United States