Document Detail


Managing bundled payments.
MedLine Citation:
PMID:  21548437     Owner:  NLM     Status:  In-Process    
Abstract/OtherAbstract:
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:
Andrew Draper
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Healthcare financial management : journal of the Healthcare Financial Management Association     Volume:  65     ISSN:  0735-0732     ISO Abbreviation:  Healthc Financ Manage     Publication Date:  2011 Apr 
Date Detail:
Created Date:  2011-05-09     Completed Date:  -     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  8215859     Medline TA:  Healthc Financ Manage     Country:  United States    
Other Details:
Languages:  eng     Pagination:  110-6, 118     Citation Subset:  H    
Affiliation:
HFMA, Texas Gulf Coast Chapter, USA. andy.draper@hcahealthcare.com
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