The programs are par of CMS’ “Bundled Payments for Care Improvement” pilot programs. SSM DePaul will focus on bundled payments for orthopedic care, while SSM St. Mary’s will address payments for patients with congestive heart failure.
The program aims to reduce cost while maintaining high quality care for patients. Under bundled payments, the healthcare facility will use the average cost of all elements of the service and determine an overall fee for the patients.
More Articles on Coding, Billing and Collections:
Medicare SGR Uncertainty Keeps Physicians From Embracing New Payment Models
What to Take Away From Chatham Surgicore’s $3M Victory Against BlueCross BlueShield of Illinois
7 Steps for Surgery Centers to Prepare for ICD-10
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
