November 1, 2011

Most hospitals have learned to manage financially with the discounted fee-for-service model that’s been in place, but that’s history. In light of reform and demands for better health outcomes at lower cost, alternative payment models — specifically bundled payment — are gaining momentum.

In, Bundled Pricing: Strategies for Success, published by Becker’s Hospital Review, Eric R. Abrams, M.B.A., consultant for NAI, explores the main drivers of bundled pricing and describes five steps providers need to take to move to this new payment model.