Deirdre Baggot is a vocal pillar at The Camden Group. She serves as the vice president of the firm. This is a healthcare consulting firm located in El Segundo. She recently released a post addressing the bundled payments. This was after the announcement from Centers for Medicare and Medicaid Innovation as a national expansion project. This initiative reveals that there will be a call off on the physician fee-for-service in the country with the largest insurer.
Most commercial payers are interested in knowing what happens in each step. She speaks out saying that the success of the bundled payment will be determined by the kind of visionary leadership, best practices, and effective methods of making decisions. It is the responsibility of the healthcare organizations to evaluate and find out what is exactly needed in making the payments effective. Some of the difficult issues she highlights concerning bundled payments are as follows. View at ideamensch.com to know more.
One of the issues comes in providing what is necessary for the patients and leaving what they do not need. It will be a difficult time for those that offer tests and procedures by striking a balance between what the patient and family dictate to the requirement by the medical practice. Currently, services are provided according to diagnostics and therapeutics. These bundled payments dictate that the practice incorporates the discipline of what they do not need a part of the fee of value. The second point is that there will be no volume play. The third thing is managing the change. Many changes are demanded effective implementation of the bundled payments. For example, it strongly requires competence in leadership who are in charge of managing the services.
Finally, this brings an approach to accountability in the health sector. When the practices are implemented in the right manner, it will facilitate a positive feedback mechanism in ensuring that the system holds each practitioner accountable. This will build a network of empathy and care for patients. Deirdre Baggot emphasizes on those truths so that before focusing on the entire matter, the right avenues will take time to evaluate and analyze to ensure that it functions well. All this is for the benefit of the patients and bringing light in the entire healthcare system.