Chris Holden

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Deirdre Baggot’s Contributions in Healthcare Payment Processing

by Chris Holden - June 15th, 2018.
Filed under: Doctor, Health.

Deirdre acquired bachelor’s degree in nursing and during the same period also earned that of business administration. She has grown to get an excellent reputation due to her skills both in medical practice as well as in management. After the completion of her studies she got the opportunity to work in various medical care centers and several, she was in charge of executive roles.

Other than doing medical-related services Deirdre Baggot is also a national speaker and an author. She has talked in several conventions regarding many issues affecting the people. Moreover, she uses writing as a platform to express her views and opinions. She has written on various aspects such as the strategies to use to improve the medical care, bundled payments and physician integration among other medical issues. Follow Baggot on Instagram

On bundled payments, she gives the pointers to consider and the aspects to consider ensuring better services. Baggot states that for bundled payment to prevail it has to have effective leadership and make decisions depending on the best available evidence. Some of the truths behind bundled payments include the provision of everything patients need and nothing they don’t, the recognition of no volume to adjust things, the management and the knowledge on real accountability.

Deirdre Baggot states that bundled payments work on what the patient or client needs only which at times may be inconvenient to provide proper evidence for analysis. It works by fee for value where one is serviced depending on the charge played. However, the sharing of savings by the hospitals ensures effective services provided resulting to effective bundled payment demonstrations.

Secondly, unlike Centers for Medicare and Medicaid Services which offers exclusivity for applicants, bundled payments does not. Therefore, there are high risks in the financial results if the cost is not at lower rates especially in the medical care as some processes are made difficult such as readmission of patients. Therefore, it is essential for the medical organization to check out the volumes present and adjust where necessary for effectiveness.

According to Deirdre Baggot, one should check out the management structure to ensure every operation works smoothly. The presence of rigid management may fail even when it accommodates bundled payments as it requires a good manage change that is flexible.

View: https://ideamensch.com/deirdre-baggot/

 

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