Under a bundled payment system services rendered during an episode of care generate one bill. An episode of care encompasses all the services rendered during treatment for an illness or injury. Putting all the provider’s fees into one bill means equal sharing of profits and equal absorption of losses.
Deirdre Baggot MBA, RN, Ph.D. is a proponent of bundled payment systems. Ms. Baggot’s expertise on bundled payment systems is nationally recognized. She has authored over 20 papers on the subject. Conferences of Healthcare Financial Management Association and a half-dozen other such organizations have featured Dierdre Baggot as the keynote speaker.
In 2012 Ms. Baggot served as an expert reviewer for Medicare and Medicaid’s Bundled Payments for Care Improvement Initiative. While serving as administrator of Exempla Saint Joseph’s Cardiac and Vascular Institute she submitted a bid that would make Exempla one of four facilities in the US with an Acute Care Episode Cardiovascular Services Pilot Program. Read more articles by Deirdre Baggot at Researchgate.
Deirdre Baggot is currently Vice President of the Camden Group. Her degree in nursing is from Southern Ilinois University. From the University of Pennsylvania’s Wharton School, she holds a Health Care Executive Leadership certificate. Ms. Baggot earned Master’s Degrees in nursing and business from the University of Colorado and Loyola University Graduate School of Business respectively.
Two hundred hospitals utilize programs that Deirdre Baggot created. Benefitting patients and providers these programs have resulted in more positive treatment experiences and an increase in the number of desired treatment outcomes while reducing costs. The heads of several health system boards turn to Ms. Baggot for guidance.
Among causes of death in the US medical errors rank third. Infections traced to hospitals kill 2 million people yearly. Determined to reverse this trend. Ms. Baggot believes part of the solution is to educate patients to be smarter healthcare consumers.