Preparing Hospitals for TEAM Bundled Payments Under Medicare
Adapting to TEAM Bundled Payments
As TEAM bundled payments reshape the landscape of healthcare financing, hospitals must embark on significant operational shifts to remain competitive. This healthcare model emphasizes a collaborative approach, requiring hospitals to focus on value-based care rather than the volume of services. Key strategies include enhancing care coordination and leveraging data analytics to optimize patient outcomes.
Implementing Effective Strategies
- Engage multi-disciplinary teams to streamline services and share responsibilities.
- Utilize financial analytics to track performance and identify areas for improvement.
- Enhance patient education and support systems to ensure smooth transitions throughout their healthcare journey.
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