In a presentation at the 9th Annual Orthopedic, Spine and Pain Management-Driven ASC Conference in Chicago on June 10, John Cherf, MD, MPH, MBA, president of OrthoIndex, clinical advisor for Sg2 and an orthopedic surgeon, discussed the future of orthopedics.
Dr. Cherf talked about the demand of orthopedics, new payment models and the long-term future of the specialty. He said the overall demand for orthopedics is very strong. The sports medicine and overall spine industry is seeing growth, but leaders must manage overutilization and technology costs, particularly for implants, according to Dr. Cherf. He also described the trend of more procedures, such as total joints, being shifted from the inpatient to outpatient setting.
Dr. Cherf described the transition-in-progress of being paid based on volume to being paid based on high quality at low cost. New payment systems include bundled payments, limited capitation and episodic payments. Other changes orthopedics may see in the future are controlled utilization, risk-sharing models and greater transparency, according to Dr. Cherf.
Related Articles on Orthopedics:
4 Key Concepts for Clinical and Financial Success for Hand Surgery in ASCs
The Next Five Years of Spine Surgery
Navigating an Orthopedic Practice and its ASCs Through a Challenging Healthcare Environment
Dr. Cherf talked about the demand of orthopedics, new payment models and the long-term future of the specialty. He said the overall demand for orthopedics is very strong. The sports medicine and overall spine industry is seeing growth, but leaders must manage overutilization and technology costs, particularly for implants, according to Dr. Cherf. He also described the trend of more procedures, such as total joints, being shifted from the inpatient to outpatient setting.
Dr. Cherf described the transition-in-progress of being paid based on volume to being paid based on high quality at low cost. New payment systems include bundled payments, limited capitation and episodic payments. Other changes orthopedics may see in the future are controlled utilization, risk-sharing models and greater transparency, according to Dr. Cherf.
Related Articles on Orthopedics:
4 Key Concepts for Clinical and Financial Success for Hand Surgery in ASCs
The Next Five Years of Spine Surgery
Navigating an Orthopedic Practice and its ASCs Through a Challenging Healthcare Environment