White, pale walls, the stench of medicine and the sight of sickness everywhere is the reason most of us detest hospitals. Some people will only visit the doctor when too ill, and the illness is just not going away. Bundled payments will, however, help patients because while it may not improve the drudgery of hospitals, it will help them save on medical care. Medicine and healthcare are expensive in America and debates to have raged on as to when the change will anchor. The conversation is about to change as the tide has turned and programs like Medicare is adopting bundled payment plans.
Baggot’s thoughts on bundled payments
Healthcare consulters have experienced panicked patients, confused ones and some who have no clue about their health care payment options. Sometimes it is hard to understand medical jargon and lacing it with various payment plans is not a downhill task. Baggot took it upon herself to educate the ignorant masses on their position regarding the payment option. Learn more about Dairdre Baggot at Crunchbase.
Patients have often expressed concern that doctors are offering extra ‘checkups’ even when they don’t need them. The theory is that provided a patient has medical cover; they do this to exploit and extort the insurance companies. Whether true or merely speculation, Deidre Baggot is positive that the narrative is about to change as bundled payments will encourage physicians to provide what a patient needs. While saving patients that detest the hospital for extra ‘torture,’ it will also save them money. Patients will also enjoy discount benefits.
Some players in the medical world are not very enthusiastic about the bundled payment options, but Baggot begs to differ. She is sure that responsibility will take a positive spin as accountability is made easier by the innovation which requires health centers to be as open as possible by the bundled payments which are evidence in themselves. No one thrives in an investigation or wants scandal at their doorsteps, and bundled payments may be the only jolt the healthcare world needs.
About Deirdre Baggot
Deirdre Baggot is a healthcare consultant and vice president of the Camden Group. She is a firm advocate for bundled payments and speaks her mind on the subject without fail. Deirdre Baggot’s voice and standing for what she believes in have seen her speak at events, on radio and other shows. In her free time, she authors academic papers and articles alike, expressing her love for bundled payments. View: https://vimeo.com/101082351