News and Insights
NAI Published by H&HN on Bundled Pricing
June 1, 2011
Spiraling cost increases, coupled with lagging quality outcomes and a chronic lack of transparency have gotten the attention of payers, patients, and policymakers. Healthcare delivery organizations face growing pressure to address these issues. Bundled pricing is an innovation being implemented by market leaders that promises to do so. Deceptively simple sounding, this radically different approach to pricing and risk brings its own challenges.
In his article Laying the Foundation for Success in Bundled Pricing, published by H&HN, June 2011, NAI Managing Partner Michael N. Abrams describes in detail the steps needed to successfully implement bundled pricing. He describes the administrative, clinical and financial challenges that organizations will face in developing bundles of care — and how to overcome them.