Payment models to gain foothold in 2016 — 5 things to know

Practice Management

According to ATI Physical Therapy Department of Research and Data Analytics, several key trends will gain traction in the new year.

Here are five things to know:

 

1. The new focus on care coordination and management will facilitate a bigger move to “value-based care” for many patients and healthcare organizations.

 

2. Value-based care focuses on patient outcomes versus the number of patients treated, and at its center is the move to a bundled payment model.

 

3. Bundled payment models encompass an average total cost of a procedure, including preoperative services, surgical services and post-surgical services, such as physical therapy in most orthopedic instances.

 

4. Medicare bundled payments have created an average savings per orthopedic case of about $4,000. Sixty-seven markets, including New York and San Francisco, reported an estimated $343 million in savings to Medicare, and an additional eight more markets were required to launch bundled payments as of Jan. 1, 2016.

 

5. ATI Physical Therapy is a privately held, nationally recognized healthcare company specializing in outpatient rehabilitation and adjacent healthcare services.

 

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