Today, the most widely used method of paying for health care services in Massachusetts is fee-for-service – where each service provided is priced and paid for separately. Virtually everyone agrees that one of the ways to lower health care costs is to move away from fee-for-service and to explore alternative payment methodologies.
So what are bundled payments? Bundled payments (also known as episode-based payments) aim to make a single payment for all services related to a treatment or condition, at times, spanning multiple providers in multiple settings.
As the health care delivery system continues to evolve toward integrated and coordinated approaches, it is essential that we all have a fundamental understanding of such alternative payment methodologies and how they may help us to achieve lower costs and better quality.
Section 64 of Chapter 288 of the Acts of 2010 directs the Division of Health Care Finance and Policy (Division) to provide support to providers and payers in developing bundled payment programs. To that end, the Division has organized a symposium to provide technical assistance to those considering bundled payment arrangements. We are convening a panel of experts from the practitioner, payer, and academic fields who are currently undertaking or considering bundled payment models.
The event is scheduled for Monday, February 28th at 9:00 a.m. and will take place at the State Transportation Building, 10 Park Plaza, Boston, MA 02116.
Organizations represented will include: Baycare Health Partners, BayState Health Systems, Harvard Business School, Health New England, Mass General Physicians Organization, and Wellpoint.
Dr. JudyAnn Bigby, Secretary of the Executive Office of Health and Human Services, will open the event, followed by panelists who will present information on the design and implementation of their bundled payment programs, and related successes and challenges.
Following the panel presentations, Dr. Philip Gaziano, from Hampden County Physicians Association, will moderate a question and answer discussion.
Due to the overwhelming number of responses we’ve received, this event is completely booked, and we will not be able to accommodate those who did not receive confirmation emails from us.
However, we will have event materials on our website, and I will be sure to share with you what we learn at the symposium… Stay tuned!
As a part of our commitment to transparency, the Massachusetts Division of Health Care Finance and Policy uses several social media tools including Twitter, blogs, and RSS feeds. We use these tools to keep you informed about the work we are doing and as a way to get feedback.You can follow us on Twitter, and you can learn more by visiting the Commonwealth Conversations: Mass Health Care blog.
Weekly Flu Report, December 19, 2014 posted on Dec 19
Rates of flu-like illness increased slightly over the past seven days in Massachusetts, as indicated in the latest weekly flu report. Flu season doesn’t tend to peak until later in February or even March – so there is still plenty of time to get vaccinated …Continue Reading Weekly Flu Report, December 19, 2014
Weekly Flu Report, December 12, 2014 posted on Dec 12
This week’s flu report shows a slight dip in rates of flu-like illness since last week’s report – which is entirely in keeping with the unpredictable nature of flu season. One thing we know for sure is that no matter what, the single best way to …Continue Reading Weekly Flu Report, December 12, 2014
Highlights of the Public Health Council Meeting, December 10, 2014 posted on Dec 10
The December monthly meeting of the Public Health Council featured the consideration of one Determination of Need (DoN) request, two votes on final amendments to existing regulations, and an informational presentation to the Council on a key DPH community initiative. First, the Council took up …Continue Reading Highlights of the Public Health Council Meeting, December 10, 2014