A guest post by Archway Health CEO Dave Terry on "Maximizing value for patients through bundled payments" was recently published online in Becker's Hospital CFO. In the post, Dave states the case for bundled payments, arguing that in a traditional fee-for-service model, it can be difficult for patients to determine value in healthcare. In bundled payment models however, determining value in healthcare doesn't have to be a leap of faith for patients. "Because organizations enter into payments arrangements that include both financial and performance accountability, patients can benefit from price transparency, reduced costs of care, and improved outcomes."
Ultimately, "bundled payments provide value that every patient can understand," Dave says.
Read the full article here: http://www.beckershospitalreview.com/finance/maximizing-value-for-patients-though-bundled-payments.html