Deidre Baggot at the forefront of Bundled Payments.
Ms. Deirdre Baggot has an extensive educational background in the health and business field. She has a certificate in Healthcare Leadership from the University Of Pennsylvania Wharton School Of Business.
From the University of Colorado she holds a Doctorate of Philosophy, and from Loyola University Graduate School of Business, she earned her Master’s in Business Administration. To top it up, she has a Bachelor of Science in Nursing.
Deirdre Baggot has extensive experience, having worked for six years as Senior Vice President at a National Consulting Firm and Practice Leader for case rate payments, popularly known as bundled payments. You can find Deirdre Baggot on Twitter @deirdre_baggot
Before this, she worked in academic health care for almost ten years first at Northwestern Memorial Hospital then at the University of Michigan Health System. She has published more than twenty papers on case rate payments, reforms in the health system and changes in reimbursement.
In bundled payment, the health care provider (hospital or physician) gets is paid by costs expected to be incurred as per the clinical diagnosis of the patient. It is a system of payment that has been proposed in the US as a strategy to reduce the costs of medical care.
In January 2013, the Contact Management System (CMS) promulgated that several health care corporations will begin implementing the BPCI- Bundled Payments for Care Improvement later in the year. This was after the Affordable Care Act Law was passed paving the way for the health care reforms to be implemented.
On a paper published by Deirdre Baggot and one, Ms. Cleo Burtley titled- Bundled Payments- they both try to explain the financial benefits all stakeholders in the healthcare system will reap from bundled payment, though at first, it may seem like a small move.
The new law covers not only elective surgeries and medical conditions but also post-surgical care with an increased the period of supervision.