Healthcare providers all over the country are continuously looking for ways to improve the quality of healthcare services while reducing costs. One strategy that has proven successful in achieving these goals is the adoption of Bundled Payments for Care Improvement (BPCI).
In this article, we will discuss four ways BPCI can greatly benefit your patients.
Improved Coordination of Care
By adopting a BPCI advanced model, healthcare providers can better coordinate and oversee the care of their patients. This is because the model requires strong collaboration among all involved healthcare providers, ensuring that patients receive holistic, well-coordinated care that is tailored to their individual needs. This ultimately results in better outcomes and increased patient satisfaction.
Increased Focus on Patient Safety and Quality
The BPCI model rewards healthcare providers for delivering high-quality, evidence-based care. This means that providers have incentives to follow best practices, reduce complications, and prevent hospital readmissions. These improvements in patient safety and quality have a lasting positive effect on patient outcomes, satisfaction, and overall health.
Cost Savings for Patients
With bundled payments, healthcare providers are incentivized to coordinate care efficiently and effectively. This means that patients receive well-organized services, which ultimately minimize unnecessary tests and treatments, translating to cost savings for patients.
Encourages Patient Engagement
BPCI programs encourage healthcare providers to engage patients in their care and actively involve them in making informed decisions. Educating patients about their condition and involving them in the treatment process not only improves patient satisfaction but also results in better outcomes, as patients are more likely to adhere to recommended treatment plans.
Before concluding, it’s important to mention that adopting BPCI can also lead to significant benefits for healthcare providers, as illustrated by the ways CMS’ BPCI advanced model will impact your practice. By transitioning to BPCI, healthcare providers can be more successful and profitable while delivering better care for their patients.
To Sum Up
The Bundled Payments for Care Improvement model demonstrates great potential for improving patient outcomes, patient engagement, and patient satisfaction while decreasing healthcare costs. By understanding and leveraging the benefits of BPCI, healthcare providers can positively influence the lives of their patients and improve the overall quality of care provided.
