What is bundled payment in health payment system?

Episode-based payments are also referred to as bundled payments. Healthcare providers are paid through bundled payments in accordance with anticipated costs for clinically defined care episodes.

Bundled payments have been more common since the ACA went into effect. They have been incorporated into healthcare payment systems in an effort to enhance care effectiveness while cutting costs. In order to speed up and simplify health care payments, modern healthcare payment systems mainly stress automating the bundled payments.

 

By setting up a personalized rule-based payment engine that interacts with your pre-established claims management workflow and automates bundled payments, you can overcome the barrier of healthcare payment models. By fusing clinical dashboards and claims transaction features, we can design from scratch healthcare payment system for your care facility and provide scale-up support for potential payment programs. Episode-based payment monitoring is crucial if health payment systems are to save administrative and medical expenses. using the help of advanced analytics, we can design a health payment solution that enables episode analysts to assess program specifications against actual claim data and identify trends using summary and detail reports. Visual dashboards provide a clear and consistent picture of the important performance data related to episodes.


Emma Swift

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