Four Spine Reimbursement Insights
By Admin | May 25, 2016
A study published in Spine Journal (February 2016 - Volume 41 - Issue 4 - p 344–352) concludes that providers can increase patient volumes from payers by adopting bundled payments.
Becker’s Spine Review lists their four conclusions from the study taken from interviews with 24 stakeholders across 18 organizations. Collectively, these organizations perform around 12,000 inpatient spine surgeries each year.
- Several organizations expect 30 to 45 percent of their spine volume to be covered within three years due to bundled payments.
- Reasons to adopt bundled payments include new patient volume, increased surgical yield, and financial benefits from efficiency improvements.
- Institutions remain hesitant to adopt risk-based payment models.
- Organizations should start to consider reimbursement models that focus on non-interventional spine care.