|medicalbillers (medicalbillers) wrote,|
@ 2011-09-15 16:27:00
A new program to aid and improve patient care while patients are in the hospital and after they are discharged has been announced by the U.S. department of Health and Human Services (HHS).
These initiatives will also motivate doctors, nurses and specialist to perform coordinated care and hence reduce cost. Till date, hospitals, physicians, and other clinicians who provide care for beneficiaries’ bill are paid separately for their services by Medicare. However, with this initiative they can get bundled payments to treat a patient for specific medical condition during a single hospital stay, also termed as episode of care.
Doctors, hospitals and other healthcare providers can apply to participate in this program. It offers four models:
The final date for registration for model 1 is 21st October 2011; and for rest of the models is 15th March, 2012.