Related Experiment Video
Updated: Mar 23, 2026
08:13
Development and Implementation of a Multi-Disciplinary Technology Enhanced Care Pathway for Youth and Adults with Concussion
Published on: January 20, 2019
7.2K
Facing Bundled Payments.
Trustee : the Journal for Hospital Governing Boards
|April 9, 2016
Summary
Bundled payment models are replacing traditional fee-for-service healthcare. Hospital boards can guide their institutions through this transition to value-based care effectively.
Area of Science:
- Healthcare Management
- Health Economics
- Value-Based Care
Background:
- Fee-for-service reimbursement is being replaced by alternative payment models.
- Bundled payments represent a significant shift in healthcare financing.
- Hospitals face challenges in adapting to new payment structures.
Purpose of the Study:
- To outline strategies for hospital boards to prepare for bundled payment implementation.
- To provide guidance on navigating the transition from fee-for-service to bundled payments.
- To highlight the role of governance in successful value-based care adoption.
Main Methods:
- Analysis of current healthcare reimbursement trends.
- Review of best practices in hospital financial management.
- Guidance development for healthcare leadership and boards.
Main Results:
- Boards can proactively engage in strategic planning for bundled payments.
- Key areas for preparation include financial modeling, operational adjustments, and physician alignment.
- Effective governance is crucial for mitigating risks and maximizing benefits.
Conclusions:
- Hospital boards play a vital role in facilitating the adoption of bundled payment models.
- Strategic preparation enables hospitals to thrive under new value-based reimbursement systems.
- Proactive adaptation is essential for long-term financial health and quality of care.
Related Concept Videos
01:29Issues And Trends In Healthcare Delivery System
6.4K
The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
6.4K
01:26Methods Of Healthcare Delivery System
4.2K
At the different levels of the healthcare system, we see varying methods of healthcare used. These methods include managed care systems, case management, and primary healthcare.
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
4.2K
01:30Health Information Technology and Healthcare Information System
3.6K
Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
3.6K
01:20Integrated Healthcare System
2.5K
An integrated healthcare system (IHS) is a set of organizations that provides for or arranges to provide coordinated and continuous service to a defined population. The IHS takes responsibility for that particular population's health status and outcome, both clinically and fiscally. An integrated healthcare system is a well-organized, well-coordinated, and collaborative network. The integrated delivery system is a network that connects different healthcare providers to deliver organized,...
2.5K
01:22Standards of Care I
1.3K
Federal statutes profoundly impact nursing practice, providing critical guidelines to ensure patient care is equitable, accessible, and of the highest quality. The following laws address distinct aspects of healthcare provision and patient rights:
1.3K
01:18Introduction To Health Care Delivery System
4.5K
The healthcare system is constantly changing and complex. Various services are available from different healthcare providers, but gaining access to these services has become challenging for people with limited healthcare insurance. Uninsured people present a challenge to healthcare because they frequently postpone or forego treatment.
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
4.5K