OrthoSteps gives you incredible tools and expertise to drive profits, cost reduction, growth, promotion, teamwork, and orthopaedic excellence
Immediately improve profitability, outcomes, promotion, and volumes by delivering:
- Exceptional orthopaedic patient-centered experiences and team-based remote care coordination, outcome tracking and service line cost reductions, and primary joint reconstructive success
- Align your surgeons to the institution, and with other ancillary health care providers for a team oriented and patient centered approach to clinical care management
- Better prepare your program for Bundled Payments and negotiate better terms with providers, vendors, and payers regarding your commitment to delivering Orthopaedic Excellence in the face of continued cost pressures
9 performance dimensions of Bundled Payment's
Technology to control costs, improve collaboration, improve patient outcomes, patient engagement, and orthopaedic volumes
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Definition of a bundled payment? or its other names episode-based payment, episode payment, episode-of-care payment, case rate, evidence-based case rate, global bundled payment, global payment, package pricing, or packaged pricing
Researchers from the RAND Corporation estimated that "national health care spending could be reduced by 5.4% between 2010 and 2019" if the PROMETHEUS model for bundled payment for selected conditions and procedures were widely used. This figure was higher than for seven other possible methods of reducing national health expenditures.[40] In addition, RAND found that bundled payments would decrease financial risk to consumers and would decrease waste.[41]
