To improve quality of treatment and reduce costs, government and private payers alike are showing great interest in testing bundled payments for episodes of care. A federal health reform initiative is under way to align payments for services delivered across an episode of care, such as heart bypass surgery or hip replacement, rather than paying for services separately. States are looking to pilot this payment model as well. In one of several efforts under way on the commercial side, Horizon Healthcare Innovations, a subsidiary of Horizon Healthcare Services, Inc., New Jersey’s largest and oldest health insurer, is partnering with five physician practices to ultimately design a bundled payment program for certain types of orthopedic procedures. The episode-of-care model shows great promise for reforming the payment delivery system. But what are the main challenges with this model and strategies that industry pioneers are taking to overcome them? What types of bundled payment arrangements will have the highest degree of success in improving care and lowering costs for your organization?
The On-Demand recording will be available immediately upon purchase* as a link within a PDF file of the accompanying written materials. CDs and printed materials are shipped via USPS.
Hear two knowledgeable industry observers discuss the challenges that are being overcome to develop a bundled payment model of care. You’ll get reliable answers to these and other important questions:
MARK LUTES is a member of the health care and life sciences practice division of law firm Epstein Becker & Green, P.C. (EBG), serving on the firm’s board of directors. He has practiced with the firm for 26 years. Previously, he was a legislative adviser to the Federal Trade Commission (FTC). He also offers strategic counsel in health policy and on reimbursement strategy through the firm's affiliates EBG Advisors, Inc. and National Health Advisors, LLC. He is broadly experienced in managed care contracting from both the payer and provider perspective, as well as in insurance and managed care licensing and compliance.
COLLEEN MATTHEWS is the director of episode of care programs at Horizon Healthcare Innovations. She has extensive experience in health care, including managed care contracting and relations and in provider reimbursement methodologies, as well as medical management issues. She is the former director of network hospital relations at Horizon Healthcare Services, Inc., where she was responsible for the overall relationship management of network hospitals, including identification and implementation of specific collaboration plans. Her far-reaching health care experience properly positions her work at Horizon Healthcare Innovations to improve the health care system and to focus on quality improvements.
Moderator: Jennifer Lubell, editor of AIS's ACO Business News
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