Increasing Physician Earnings through Bundled Payments

Abstract

The case for changing physician reimbursement from an insurance based fee for service model to a less complicated and timelier payment system is obvious to most physicians. As employers shift more healthcare costs to their employees, patients are having an increasingly difficult time paying their bills. The combination of higher insurance premiums and rising out of pocket costs have greatly reduced a patient’s ability to pay their doctors. This means that once “well insured” patients are now becoming collections risks. Making the situation worse is the fact that some practices spend as much as 40% of their commercial reimbursement getting paid.