Marketing Toolkit Helps Therapy Practice Owners Make the Most of Medicares CCJR Bundled Payment Program
Summary
“Experts across the healthcare industry are saying that high-quality, efficient, innovative post-discharge care is essential to making bundled payment schemes work – for providers, for patients, and for payers.” For example, a January 2016 American Hospital Association Issue Brief on bundled payments states, “The most significant opportunities for reducing spending and improving quality generally occur after patients are discharged from the hospital.” PTPN Vice President Nancy Rothenberg added that the Center for Medicare and Medicaid Services (CMS) agrees: “CMS has set low expectations for savings to occur in the inpatient portion of a CCJR episode of care,” Rothenberg said.One study published by the National Institute for Health Care Reform found that hospital outpatient departments charge on average 50% more than freestanding clinics for physical therapy services.Independent practice owners have the kind of entrepreneurial and innovative experience that stimulates new ways of thinking about the coordination and sequence of post-surgical care – which will be required for hospitals to meet the bundled payment spending targets.“Experts across the healthcare industry are saying that high-quality, efficient, innovative post-discharge care is essential to making bundled payment schemes work – for providers, for patients, and for payers.”For example, a January 2016 American Hospital Association Issue Brief on bundled payments states, “The most significant opportunities for reducing spending and improving quality generally occur after patients are discharged from the hospital.”PTPN Vice President Nancy Rothenberg added that the Center for Medicare and Medicaid Services (CMS) agrees: “CMS has set low expectations for savings to occur in the inpatient portion of a CCJR episode of care,” Rothenberg said.Independent practice owners have the kind of entrepreneurial and innovative experience that stimulates new ways of thinking about the coordination and sequence of post-surgical care – which will be required for hospitals to meet the bundled payment spending targets.· Outcomes measurement.