Robert S. Kaplan and Michael E. Porter, professors at Harvard Business School, argue that changing how we pay for healthcare is key to reform. They explain why a bundled payment model is superior to other methods. Paying providers a single bundled payment for all care delivered for a specific condition across the entire episode of care will improve outcomes and lower costs.
Harvard Business Review published a summary of the case made by Porter and Kaplan in the webinar. This short article provides a good overview of why bundled payments make sense.
As a global leader in healthcare, Medtronic is uniquely positioned to help address the pressing issues confronting healthcare. Our perspective contributes important insight.