Results for tag: "Bundled Payment"

Bundled Payment is a type of Managed Care that combines payments for multiple services related to a single medical episode into a single payment. This payment model is designed to incentivize providers to deliver high-quality, cost-effective care. It is also intended to reduce the administrative burden of multiple payments and to encourage providers to coordinate care across multiple providers. Bundled Payment models can be used for a variety of services, including inpatient hospital care, post-acute care, and outpatient services. Bundled Payment models are becoming increasingly popular as a way to reduce healthcare costs and improve quality of care. The Centers for Medicare and Medicaid Services (CMS) has implemented several Bundled Payment models, including the Comprehensive Care for Joint Replacement (CJR) model and the Bundled Payments for Care Improvement (BPCI) model. Companies in the Bundled Payment market include Change Healthcare, Optum, and Humana. Show Less Read more