UnitedHealth Group to Support Use of Bundled Payments with Health Care Providers in Fee-for-Service Medicare
February 22 2018 - 12:21PM
Business Wire
Company to collaborate with care providers,
government to improve care and lower costs
UnitedHealth Group (NYSE: UNH) today announced advancements in
the company’s collaboration with individual doctors, health systems
and government as the use of bundled payment models expands in
traditional fee-for-service Medicare.
UnitedHealth Group aims to offer data and analytics, technology
and care coordination to support the bundled payment models of
health care providers, including those participating in the Centers
for Medicare & Medicaid Services’ (CMS) Bundled Payments for
Care Improvement Advanced (BPCI Advanced) program when BPCI
Advanced launches later this year.
Bundled payment models set price and quality standards for
certain treatments, such as hip or major joint replacements, and
reward participating care providers who exceed the established
standards. This is a shift away from the common fee-for-service
structure that pays care providers for each treatment.
UnitedHealth Group’s extensive experience using data and
technology to help coordinate care and improve health outcomes
positions the company as a strong partner for care providers
participating in bundled payment programs. This form of value-based
care is a benefit both for the people needing treatment and the
care providers delivering it, and UnitedHealth Group is committed
to finding even more ways to expand its use.
These efforts build on UnitedHealth Group’s focus on value-based
care delivery, and analytics and payment innovation, including
approximately $64 billion in care provider reimbursements annually
tied to a variety of value-based care arrangements.
For more information, contact bundledpayments@uhg.com.
About UnitedHealth
GroupUnitedHealth Group (NYSE: UNH) is a diversified
health and well-being company dedicated to helping people live
healthier lives and making health care work better for everyone.
UnitedHealth Group offers a broad spectrum of products and services
through two distinct platforms: UnitedHealthcare, which provides
health care coverage and benefits services; and Optum, which
provides information and technology-enabled health services. For
more information, visit UnitedHealth Group at
www.unitedhealthgroup.com or follow @UnitedHealthGrp on
Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20180222006097/en/
UnitedHealth GroupJessica Kostner,
952-931-4951jessica_kostner@uhc.com
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