On January 20, 2018, the Trump administration announced it was starting a new Medicare payment program. The New York Times reported that under the new initiative, “…Medicare will make a single ’bundled payment’ for nearly all the services provided in a 90-day period to certain Medicare patients who are admitted to a hospital or have certain outpatient medical procedures.”
Implementation of the new program will present a variety of challenges for healthcare provider organizations, namely:
Bundled payment models will require providers (hospitals, healthcare systems, physicians, post-acute care providers) to:
Coker Group has experienced advisors ready to assist you with bundled payment care design and implementation and the accompanying challenges. We have worked with hospitals and practices (both large and small) in this area and are prepared to help you operate successfully in this novel payment model.