The concept of bundled payment, or paying for medical treatment on the basis of the "episode of care" rather than fee-for-service or capitation, is rapidly catching on in US healthcare. As an illustration, when the Center for Medicare and Medicaid Innovation announced its Bundled Payments for Care Improvement initiative, it received over 2,000 responses to its Request for Applications solicitation. On top of this, state Medicaid programs, numerous private insurance companies, and employers across the country have embarked upon bundled payment programs.
The broad appeal of the bundled payment concept was strengthened earlier this year when the Congressional Budget Office released a study examining the impacts of ten CMS demonstrations focused on disease management and care coordination as well as value-based payments, and found that the Medicare Participating Heart Bypass Center demonstration (a bundled payment initiative) was the only one examined that had a meaningful, positive impact on Medicare savings.
Despite the promise and growing popularity of this payment method, significant technical, legal, HIT, patient engagement, and other challenges to implementation still exist. At the second National Bundled Payment Summit, attendees will hear from individuals in government, academia, and the private sector who are working through these challenges, and who have made meaningful progress towards implementing bundled payment.
We will explore key issues -- clinical, analytic, measurement, payment, and patient engagement -- implicated in implementing a bundled payment program. Conference elements will include keynote addresses from national policy makers and senior executive leaders from around the country, who will highlight challenges and opportunities presented by bundled payments. The track sessions will offer several case studies from experienced executives and healthcare experts. Throughout the event, there will be ample opportunity for audience participation and interaction with presenters.
WHO SHOULD ATTEND
- Hospital CEOs and CFOs
- Medical Analytic Specialists
- Quality Improvement Executives
- Managed Care Executives
- Managed Care Contracting Experts
- Orthopedic Chiefs of Staff
- Service Line Executives
- Health Plan Representatives
- Medical Directors
- Information Technology Vendors
- Health Policy Makers