Bundled Payments: The Intersection of Cost, Quality, and Outcomes
Track: Cost Management
Overview: Bundled payments is an emerging payment methodology with important implications for supply chain. This session review the national efforts of Medicare and commercial payors. In addition, the intersection of cost, quality, and outcomes related to bundled payments will be reviewed.
- Define “bundled payments” as a payment methodology
- Discover current bundled payment efforts by Medicare and commercial payors
- Outline the role of supply chain professionals in bundled payments
- Explain how cost, quality, and outcomes play a key role in bundled payments
Speaker: Joane Goodroe, Founder, Joane Goodroe Healthcare Services
Cost: $99 per recording link – AHRMM Members; $139 per recording link – AHRMM Non-members
About the Presenter
Joane Goodroe, RN, BSN, MBA, Independent Consultant, is credited with helping to change the landscape of the healthcare industry by developing innovative solutions that allow hospitals and physicians to align economic goals to reduce costs and improve quality. She works as an independent consultant assisting hospitals and physicians with new models of care and integration.
Goodroe ’s groundbreaking work in bundled payments and episodes of care payments with CMS and private payors began in 1990 and led to the development of a gainsharing model that was the first approved by the United States Office of Inspector General (OIG). Since this landmark decision in 2001, she has been instrumental in securing 13 additional approvals for gainsharing programs. Her testimony at a Congressional hearing on gainsharing was critical to the concepts of hospital-physician economic alignment seen in the new legislation.
Goodroe is a sought-after speaker and subject-matter expert and has published and guest-authored numerous articles on topics related to bundled payment models, episodes of care, hospital-physician economic alignment programs, clinical patient care, and product line development.
Previous companies include Goodroe Healthcare Solutions and Goodroe Administrative Services (specialized in bundled payment and episode of care administration) that were both acquired in 2005. In addition, Goodroe held administrative roles at Saint Joseph’s Hospital and Emory University Hospital in Atlanta, Georgia. She received a bachelor of science in nursing from the Medical College of Georgia and a master's degree in business administration from Mercer University.
This webinar was recorded on April 9, 2013.