Medicare recently announced a new initiative for how they will pay providers for certain services. They will try a Bundled Payment process for knee and hip replacements beginning in January in certain test markets. In short, they will make a payment to cover the entire episode including rehab. Then at the end of the year, they will make adjustments to increase or decrease payments based upon outcomes. The goal is to improve patient outcomes and reduce costs at the same time. More info is available in the article linked below.
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