(Post One in a series)
By Joanne Conroy, MD
CMMI launched an initiative focusing on improving care through payment innovation, improved coordination, and quality, using one price for a bundle of services. It actually makes sense: If we receive a set payment for an episode of care, would we spend those dollars differently in order to deliver better quality at a lower cost? It is like choosing to go on an all-inclusive resort vacation versus paying a la carte.
The AAMC has submitted a letter of intent with 18 academic medical centers to participate in the bundling initiative. Our role is as a facilitator/convener — we provide administrative and technical assistance. We have contracted with Manatt Health Solutions to help complete the application (more than 90 pages) and to manage the process. We are also working with Brandeis University, which will serve as custodian of the Medicare data sets we receive for each designated hospital referral region. Continue reading AAMC Applies to Serve as Facilitator/Convener in CMMI Bundling Initiative