5 Key Points on Midwest Orthopaedics at Rush’s Bundled Payments
Earlier this month, Midwest Orthopaedics at Rush began offering patients bundled payments for orthopedic care. The Chicago-based orthopedic practice is the first academic practice and is among the first orthopedic groups in the nation to offer patients these kinds of bundled payments.
“Healthcare is changing dramatically. Many patients are locked into high deductibles or captured network plans,” said Nikhil Verma, MD, a professor and director of clinical research in the sports medicine section at Rush University Medical Center, and an orthopedic surgeon at Midwest Orthopaedics at Rush. “Part of the problem in the healthcare system is you can’t figure out the cost of the treatment process until a patient goes through it.”
To help patients navigate the complex healthcare system, Midwest Orthopaedic at Rush implemented cash-pay bundled payment systems to help patients in captured networks or high deductible plans find quality, affordable healthcare. With the bundle, the practice makes the prices transparent and does not come with hidden fees.
Complete Article: 5 Key Points on Midwest Orthopaedics at Rush’s Bundled Payments