CMS Accepts Hudson Holdco Hospitals Into Bundled Payment Pilot Program

New Jersey-based Hudson Holdco has been accepted into CMS' bundled payment pilot program, which began in 2009, according to the Hudson Reporter.

Hudson Holdco operates Christ Hospital in Jersey City, Bayonne (N.J.) Medical Center and Hoboken (N.J.) University Medical Center. The hospitals hope to realize reduced costs through better coordination of care to eliminate unnecessary spending and duplicate services, according to the report.

The bundled payments program will begin by the end of the year and specifically affect Medicare patients. The hospitals will combine the payment model with their existing readmission reduction program, according to the report.

More Articles on Coding, Billing and Collections:
ProVation Software Enables Customized Care Plans
Aetna to Join Citi's Healthcare Billing Platform
3 Ways to Train for ICD-10 Now

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Webinars

Featured Whitepapers

Featured Podcast