The Importance of a Bundled Payment Strategy

by Pagati | 2/10/21 8:45 AM

Pagati blog feature (4) (1)

Was your bundled payment strategy a success? 

Bundled payments are a common form of value-based payment. Several countries, including the United States, have developed bundled payment programs in which healthcare organizations receive a fixed payment for services provided in discrete care episodes and are held financially accountable for spending on those episodes.  

The purpose of bundled payments is to reduce total healthcare spending on patients with included clinical episodes while maintaining or improving quality through reducing unnecessary care and improving care coordination. 

Was your 2020 bundled payment strategy successful? Did you get the care quality improvement and cost savings that you had hoped? Were you able to:  

  • Forecast for bundle success 
  • Gain visibility into your post-acute provider network down to the patient level
  • Determine the best PAC locations by condition
  • Provide a platform to meet, collaborate, and realign your post-acute provider network
  • Access your data 24/7 with monthly updates
  • Remove the burden internally to provide post-acute analytics

The right tools and support 

Pagati offers healthcare providers a host of features that optimizes their care network, helps cut costs, and improves the quality of care they deliver. Pagati seamlessly integrates health systems, accountable care organizations (ACOs), and physician groups to provide the data that informs leaders the status of their bottom line. It analyzes episode benchmarks and determines where they need to focus to maximize shared savings. Pagati’s proprietary gain-sharing methodologies identify opportunities in bundled payment programs for assuming additional risk. Furthermore, it identifies and addresses revenue-losing gaps in post-acute networks.      

The Pagati post-acute network performance platform uses advanced data analytics and financial intelligence to create high performing provider networks by designing appropriate and cost-effective patient pathways that identify gaps in care, reduce financial risk, and improve care quality. Read more about our tool here. 

Key to success 

Accessing analytic insight in your bundled payments can give you an edge. Pagati can help you succeed. Contact Signature CareConnect today to explore Pagati and all it can offer. 

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