bundled payment models

Bundled payment models are healthcare payment systems where a single, comprehensive payment covers all the services related to a specific treatment or condition, rather than paying separately for each service. This means providers collaborate to deliver coordinated care within a set budget, encouraging efficiency and quality. For example, instead of billing separately for surgery, hospital stay, and rehab, all these costs are combined into one package. This model aims to improve patient outcomes and reduce unnecessary expenses by incentivizing providers to work together and focus on effective, streamlined care.