Category Archives: Healthcare Providers

Deirdre Baggot Talks About The Challenges Healthcare Providers Face Switching Over To A Bundled Payment System

Deirdre Baggot has been a pioneer when it comes to the healthcare industry’s bundled payment plans. She first started this specialty in 2010. She says that the way healthcare facilities traditionally bill patients is getting an overhaul and they will be paid to provide quality instead of quantity. She says this leads to better patient experiences and outcomes while also reducing costs.

Traditional billing methods in the healthcare industry take a one-size-fits-all approach. A bundled payment plan is more streamlined because it eliminates some fundamental issues. As a consultant, Deirdre Baggot helps healthcare facilities transition to these newer types of billing methods by providing implementation strategies. She says that as more and more healthcare facilities see the benefits for both their patients and their bottom lines they are increasingly willing to make this transition. She has helped well over 200 of them make this transition across the United States. Read more articles by Deirdre Baggot at Researchgate.

She publishes articles about healthcare-related issues on BoardRoom Press. Her latest article talks about the Affordable Care Act and shows that traditional payment methods are reducing patient’s ability to pay for their healthcare. She also shows how healthcare facilities are hurting their own bottom lines by sticking to traditional payment methods. She writes about how both issues can be solved by adopting a bundled payment system.

Deirdre Baggot says that there are no doubt challenges to making this transition but she says it is worth it. Each facility is going to have their own unique challenges when it comes to how they bill patients. She says that when she is providing her consulting services she uses her deep experience helping other healthcare facilities by pinpointing the exact areas that need to be addressed.

She has been a consultant since January 2016 and lives in the Denver, Colorado area. She has been an executive at healthcare companies in the past such as GE Health Partners where she was a senior vice president.

View: https://www.linkedin.com/in/deirdre-m-baggot-phd-53b11824