Musculoskeletal digital health platform MPowerHealth has teamed up with Blue Cross and Blue Shield of Texas to launch a retrospective bundled payment program for knee and hip replacement surgeries.
It covers knee and hip replacement surgeries and postoperative care performed by MPowerHealth's clinical network in Texas.
"We are looking forward to working with Blue Cross and Blue Shield of Texas to help further shift more medical care to value-based care solutions," said Scott LaRoque, MPowerHealth CEO and founder in a July 11 press release.
"With reimbursements from the payer to the provider completed only after the episode of care is complete, this program creates incentives for the providers to deliver the best quality of care and is a win-win for everyone."
Since costs and quality for joint replacement surgeries can vary, MPowerHealth and Blue Cross and Blue Shield are hoping this program will help to lower and stabilize the cost of surgery and aftercare and improve outcomes.