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An APM That Would Actually Work.

François de Brantes

    Managed Care (Langhorne, Pa.)
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    PubMed
    Summary
    This summary is machine-generated.

    This new payment model uses personalized, event-driven care packages for patients. Healthcare providers can bid on these packages, increasing transparency and competition.

    Keywords:
    Alternative Payment ModelHealth ExpendituresViewpoint

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    Area of Science:

    • Healthcare Economics
    • Health Services Research

    Background:

    • Current healthcare payment models often lack transparency and patient-centricity.
    • Alternative payment models are being explored to improve value and efficiency.

    Purpose of the Study:

    • To introduce and describe a novel alternative payment model for healthcare services.
    • To highlight the features of event-driven, personalized care packages.

    Main Methods:

    • Conceptualizing a payment model based on 'care packages' triggered by patient events.
    • Incorporating individual medical history for dynamic pricing of care packages.
    • Enabling competitive bidding among healthcare providers for care packages.

    Main Results:

    • The proposed model facilitates price transparency among providers.
    • It allows for personalized pricing of healthcare services based on patient needs.
    • The model introduces a competitive bidding system for healthcare services.

    Conclusions:

    • This alternative payment model offers a transparent and competitive approach to healthcare delivery.
    • Personalized, event-driven care packages have the potential to improve patient engagement and provider efficiency.