As featured in Health Economics & Outcome Research: Open Access By Thomas Wilson and Sohrab Gollogly Bundled payments are a new payment methodology that is becoming increasingly popular in the United States. Bundled payments are designed to combine all of the costs associated with the delivery of surgical services, including the professional fees of the surgeon, assistant(s), anesthesiologists, […]
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By Scott Leggett Forty-nine percent increase in employed physicians translates to $2.7 billion increase in costs. “The cost per patient absolutely increases” in healthcare settings where the physician is employed by a hospital system. Independent physicians working in unaffiliated outpatient centers are more efficient. Cost increases are shifting attention to the benefits of outpatient surgery […]
By Scott Leggett Dean Chavez never wanted to see the inside of another hospital after being laid up years ago by a motorcycle accident. But when his doctor recently told him he needed a total hip replacement, he at least hoped the experience would be quick and easy. It was both, thanks to bundled payments, […]
Written by Thomas D. Wilson The traditional fee-for-service system of healthcare in the United States is being challenged by a “bundled payment” structure, supporters say it has the potential to increase transparency, lower costs and improve medical outcomes. The idea is to set prices for treating various conditions, adjusted for factors such as age, and […]
Written by Thomas D. Wilson Since two physicians opened the first modern day surgery center in 1970 in Arizona as a high quality, lower cost alternative to inpatient hospital surgery care, Ambulatory Surgery Centers (ASCs) have transformed the surgical landscape. Delivering exceptional outcomes and exceedingly high patient satisfaction scores at substantially lower costs, ASCs are […]
San Diego, CA, May 6, 2015 —- California based Global 1 in partnership with Blue Shield of California (BSC) launches the Bundled Fee Program which provides a pre-determined single payment option for an episode of care at an Ambulatory Surgery Center (ASC). The program is designed to provide alignment with the facility, surgeon and anesthesiologist […]
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