196
Participants
Start Date
April 30, 2016
Primary Completion Date
December 31, 2017
Study Completion Date
February 28, 2022
Bundled payments for knee and hip replacement
"The bundled payment model holds acute care hospitals (ACHs) financially responsible for the spending and quality of an entire episode of care for two types of hospital admissions: MS-DRG 469 and 470. An episode begins with an ACH stay that results in a discharge in one of the two DRGs, and ends 90 days after discharge. Before each performance year begins, hospitals receive target prices from CMS, determined by historical hospital and regional episode expenditures. Hospitals are eligible for reconciliation payment from CMS if they spend less than the target prices for an episode, provided that they met an acceptable quality standard. Conversely, they are responsible for paying the difference if they spend more than the target prices."
Harvard University
OTHER
University of Chicago
OTHER
Dartmouth College
OTHER
Amy Finkelstein
OTHER