Denver, Colorado-based Deirdre Baggot, Ph.D., MBA, RN, says that there has been a big surge in hospitals and physician groups signing up for the new bundled payment system Bundled Payment for Care Initiative Advanced or BPCI Advanced. She says that the had to sign up on or before August 8 and this new system has a start date of October 1. As a consultant, she has helped more than 200 healthcare organizations start their own bundled payment programs in the past and has never seen so much interest as exists today. Read more articles at American College of Cardiology for more info.
She said that the difference with BPCI Advanced that is generating so much interest is that it has a 5 percent bonus associated with it. Hospitals and physician groups who start using this new bundled payment system can also try it for six months and if it isn’t working out for them they can drop it as of March 1st, Deirdre Baggot said. She says that in the past it was pretty difficult getting clients to switch over to a bundled payment system because it requires the entire organization to think differently about how they approach health care.
Deirdre Baggot said that more and more commercial payers are also getting involved. They are now investing in the infrastructure that is necessary for value-based payment systems. The hard task that remains a big challenge is getting patients engaged in this new approach to healthcare, she says. She thinks that technology can help including wearables. One idea she had to increase patient engagement was to supply them with an iPad that they could take home and access telehealth through it.
She earned her bachelor’s degree in nursing at Southern Illinois University. Her MBA was earned at Loyola University – Quinlan School of Business. It was at the University of Colorado, Denver, that she acquired her doctorate.
Learn more: https://www.worldcongress.com/speakerBio.cfm?speakerID=3998&confcode=HL17004
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