News

Here’s How Northwestern Medicine Earned $700,000 in Bundled Payment Reimbursements

Posted on May 7, 2019 2:36:14 PM by Monica Ginsburg in bundled payments, in Hospital

Three years ago, Northwestern Medicine's hospital in Crystal Lake, Illinois, was paying penalties averaging $300,000 a year to the Center for Medicare and Medicaid Services. One challenge: preventing its bundled payment patients from making a U-turn back into the hospital. 

Continue Reading →

How to Use Data to Become a Preferred Provider

Posted on May 2, 2019 10:00:00 AM by Liesl Petersen in Post-Acute, in bundled payments, in Hospital, in Business of Post-Acute

When hospitals select preferred providers, they often rely on skilled nursing facilities or home health agencies that they’ve built relationships with and trust. Providers may be friends or long-time partners. Or, they might bring in lunch or treats for hospital staff. All too often the referral flow is based on doughnuts and not data. But in a value-based care environment, data matters.

Continue Reading →