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MedicalBillersandCoders.com has been catering to the increasing demands of billing professionals in Ohio for transition concerns about Bundled Payments. MBC has been helping healthcare practices understand the intricacies of this new payment model that is all set to replace the traditional pay-for-service.
As part of the Bundled Payment for Care Improvement initiative, four bundled payment models have been proposed by health authorities that will result in coordinated and high quality care at low costs.
Model 1 deals with care focused on inpatient hospitalization for acute care
Model 2 and 3 include a bundled payment arrangement under which the actual expenses are reconciled against a target price for an episode of care
Model 4 involves bundled payment arrangement where a provider is paid a lump sum amount for entire episode of care
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