Quantity or Quality: Should hospitals opt for a bundled payment plan or stick to the fee for service model?
Traditionally, hospitals have followed a fee-for-service (FFS) payment model, charging patients and insurance companies separately for each service provided. In 2013, the Bundled Payment for Care Improvement (BPCI) program was piloted by the Centers for Medicare and Medicaid Services (CMS) in an effort to reduce hospital costs and improve quality of care. In this dashboard, Ancore Health analyzes the adoption of bundled payments by hospitals across the nation. Learn more about the BCPI initiative and the insights they uncovered in this weekly Gist Blog post.