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This week’s guest post comes from Dean Farley PhD, Vice President at OptumInsight. An advocate for collaboration across all constituencies for better patient care, here he explains how payers and providers can make bundled payments a reality.
The idea of implementing bundled payments can be intimidating for any hospital CFO. But, as a way of paying providers that combines all the services needed to treat a patient, bundled payments are an inevitable step for both payers and providers as the industry heads toward accountable care.
This week’s guest blogger is Ron Jones, senior vice president of hospital solutions at OptumInsight. This health care industry veteran and strong supporter of health care technology calls out an issue that isn’t yet — but should be — a top concern for hospital CFOs.
I’m lucky to have the opportunity to work closely with CFOs at a number of the nation’s leading hospital and health systems, and I give them a great deal of credit for tackling the challenges in front of them — from securing Meaningful Use funds to implementing pay-for-performance models to improving billing processes. But in recent conversations, I’ve been shocked to hear that ICD-10 is not on every CFO’s short list of issues to address — and in some cases, not even on their radar.
