Global 1 expanded its medical bundled payment system to include a network of more than 85 outpatient surgery centers, featuring more than 650 physicians, in California.
Here's what you should know.
1. The partnership makes Global 1 the largest commercially insured bundled payments manager in California and one of the largest in the nation.
2. Global 1 provides bundles for cardiology, ENT, general surgery, gynecology, orthopedic and spine procedures.
3. Global 1 Co-founder and Principal Scott Leggett said, "The increasing number of patients, surgery centers and physicians that are using Global 1's medical bundled payment for outpatient surgeries serves as a testament to the great opportunity for improved transparency and cost savings in healthcare. We are thrilled to be leading the way."
4. Global 1 is a licensed third-party administrator that manages bundled payment claims between payers and providers.