Bundled payments are an application of the value-based reimbursement model that aim to reduce health care provider costs and maintain quality of care for individual single care episodes. Bundled pay management software facilitates this type of reimbursement. Bundled pay management solutions leverage financial data analysis and population health analytics to inform hospitals’ value-based reimbursement strategies, reduce wasteful or unnecessary services, and ensure that patients are being treated optimally and in a cost-conscious manner. Clinical administrators and insurance providers utilize bundled pay management software to lessen the financial responsibility on payers. Bundled pay management solutions benefit from the accurate and efficient exchange of information across the org and patients.
To qualify for inclusion in the Bundled Pay Management category, a product must:
Powered by a unique, metadata-driven ETL engine, the Health Catalyst Analytics Platform extracts data from a healthcare organization's many source systems and gathers them into Health Catalyst's Late-Binding Data Warehouse, where it binds the right data, at the right time, and at the right place.
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