Bundled Payment Healthcare Program Saves Over $16,000 per Procedure and Leads to 75% Lower Readmission Rate

Carrum Health led a bundled payment program, resulting in substantial savings when it comes to the cost of surgical and orthopedic procedures. A RAND Corporation analysis noted that patients undergoing these procedures saved over $16,000 per episode. Additionally, bariatric surgery outcomes greatly improved. Patients in the program were readmitted at a rate 75% less than the national average.

The study author Christopher Whaley remarks, “What we found is that, following the introduction of this program, overall episode costs fell by quite a bit, and patient cost-sharing actually went to zero for patients who went through the program,” adding, “[The] bundled prices tend to be quite a bit lower than if we just go through the normal insurance system.” Read more here.

(Source: Jane Anderson, MMIT, 4/6/21)