Remove Activity Based Costing Remove Goal Remove Management Remove Participative
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Getting Bundled Payments Right in Health Care

Harvard Business Review

They have successfully used bundled payments to capture the value created by cost-effectively delivering superior patient outcomes. Their experiences reveal three keys for successful bundling: excellent data on outcomes and costs, proactive management of the patient, and alignment between physicians and hospitals.

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How Hospitals Are Using Patient-Reported Outcomes to Improve Care

Harvard Business Review

Dr. Niazi’s team has used Time-Driven Activity-Based Costing to prove that this program is cost effective, and is currently collecting data to assess its impact on patient outcomes. Several features of the program have already been expanded to other providers at Mayo.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

These efforts were part of the providers’ quest to increase the value of their care delivery — in other words, achieve better outcomes at the lowest-possible cost. Measuring Costs and Outcomes in Healthcare. Take our survey and download “How Not to Cut Health Care Costs” as a thank you. Insight Center.

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How to Design a Bundled Payment Around Value

Harvard Business Review

The surgeons (all physicians from Brigham and Women’s Hospital and Massachusetts General Hospital) participated because they wanted a reimbursement model that rewarded providers for delivering better medical outcomes for their patients at a lower cost. Health Insurance Exchanges Fulfill Both Liberal and Conservative Goals.