(HealthNewsDigest.com) – While mandatory bundled payments have been scaled back by the Centers for Medicare and Medicaid (CMS), commercial insurers are starting to offer bundled reimbursement programs to their customers.
Market analysts see government support of voluntary bundles for payment initiatives as a signal that this innovative strategy is here for the long-term. A number of health plans are investing in the model based on the positive results they’ve observed from CMS’s demonstration models.
Payers can create a successful bundled payment strategy by determining payments for certain care situations and by collaborating with providers, employers and patients.
To meet the wave of demand, more healthcare organizations are exploring whether they can meet the requirements of success in this innovative approach to delivering care. The following are key steps to consider with this alternative payment model.