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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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How to Design a Bundled Payment Around Value

Harvard Business Review

Bundled payments (BP) have the potential to reward providers that deliver more value to their patients — better outcomes at lower costs. One reason is many bundled-payment contracts use artificially short time horizons, not a complete cycle of care, which cause the contract to be similar to a traditional fee-for-service model.