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Association Between Hospital Voluntary Participation, Mandatory Participation, or Nonparticipation in Bundled Payments and Medicare Episodic Spending for Hip and Knee Replacements | Orthopedics | JAMA

Association Between Hospital Voluntary Participation, Mandatory Participation, or Nonparticipation in Bundled Payments and Medicare Episodic Spending for Hip and Knee Replacements | Orthopedics | JAMA
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Erlanger Names Lynn DeJaco As Interim CFO - Chattanoogan com

Erlanger Names Lynn DeJaco As Interim CFO Monday, May 24, 2021     Erlanger President and CEO, Dr. William Jackson said, ”We are excited to have Lynn bring her expertise and many years of experience to the leadership team at Erlanger. We look forward to working with her to continue Erlanger’s positive trajectory.”   Previously, Ms. DeJaco served over 17 years as senior vice president and CFO for FirstHealth of the Carolinas, a four hospital integrated delivery and financing system. During her tenure at FirstHealth, she led the system through mergers, acquisitions, and development creating year-over-year revenue growth and expanding FirstHealth’s market to a 15 county service area increasing market share dominance over 20 percent.

Top 3 Ways to Justify Interoperability Spend and Power Your Physician Alignment Strategy

by Dr. Peter S. Tippett, CEO of careMESH Dr. Peter S. Tippett, CEO of careMESH For decades, interoperabilityhas been a dirty word for hospitals and health systems. No matter how much they have worked at it, paid for it, and thrown IT resources at it, return on investment has been difficult to prove. This has been especially true when executing a community physician alignment strategy to expand care collaboration with unaffiliated physician groups to drive new referrals and revenue into the hospital. The first step in many physician alignment programs is to formalize partnerships, acquire outside practices, or set up community physicians on the same instance of the hospital’s electronic health record (EHR) platform. Accountable Care Organizations (ACOs) and the Centers for Medicare & Medicaid (CMS) Bundled Payments for Care Improvement (BCPI) program have promoted business models to help expand value-based care with the goals of increasing care efficiency and profitability. In

Bundled payments reduce surgery costs by 10 7%

Bundled payments reduce surgery costs by 10.7% Getty Images Bundled payments helped cut costs for several surgery types by more than 10%, with those savings passed on to employers and patients, a new study found. Joint replacement, spinal fusion and gastrointestinal surgeries were on average $4,229 less when providers charged a set price compared to prior payment models, according to a RAND Corp. analysis of 2,372 procedures covered by self-insured employers between 2016 and 2020. The study, which used data from Carrum Health, was published in Health Affairs on Monday. Employers received around 85% of the savings, or $3,582 per episode that represented a 9.5% relative decrease, while patients paid $498 less per episode marking a 27.7% relative decrease after their cost-sharing obligations were waived, according to the study. The impacts of the program increased over time, with employers effectively saving $7 for every $1 in patient copays waived, researchers said, noting that bun

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