500 hospitals, groups go for "bundled payments" in Medicare pilot

02/3/2013 | Forbes

More than 500 hospitals and other health care groups have opted to receive "bundled payments" from Medicare in a three-year program under the Affordable Care Act. The alternative to the fee-for-service model makes a single Medicare payment for an "episode of care." The project is a test to determine whether the model can reduce Medicare costs.

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