Understanding the Importance of Bundled Payments by Deirdre Baggot

Deirdre Baggot argues that the success of bundled payments is much dependent on good leadership skills and profound decision-making skills. Recently, the Centers for Medicare and Medicaid Innovation announced that there would be a national increase of bundled payments. This has come as a threat to the Medicare and Healthcare sector and the commercial payers. Consequently, the healthcare organizations are urged to understand the importance of implementing bundled payments. Below four main facts make bundled payments stand out according to Deirdre Baggot. Visit at researchgate.net to learn more.

  1. Provision of all patients’ needs

Most people or organizations are always striving to provide therapeutics and diagnostics for their patients. While most people commit to provide the needed procedures and tests, it becomes challenging balancing all the desires of patients and the family, and the medical practice that is very litigious. Therefore, bundled payments ensure that physicians and hospitals share savings that from efficient medical care.

  1. Change management

Leadership competence in managing change is fundamental in bundled payments. High-performing hospitals tend to be negatively affected when teams resist change, but effective leaders ensure that they adapt to change. Although most changes tend to fail, the successful ones are due to ethical decision making.

  1. Accountability

Bundled payments are a health reform that is evidence-based and to ensure its success, it is essential to have a robust feedback mechanism aimed at alerting the clinicians when they do not meet the optimal performance requirements. This will make the professionals become exceptional clinicians by being accountable for their practice. Additionally, the clinicians will adhere to providing best practice at all times for fear of losing their businesses.

  1. Knowing that volume play is no longer an option

Bundled payments do not offer market exclusivity that is offered by Medicare and Medicaid services. This is because giving a discount to Medicare with no intentions of increasing the volume; more discounts can be created because the physicians can resolve to undertake part B payments. If the cost of care is not lowered by the BP sponsors, this can create a big disaster.

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

The Career Life of Dr. Eric Forsthoefel.

Dr. Eric Forsthoefel is a graduate of Louisiana State University. He specialized in emergency Medicine. He currently works in Tallahassee Memorial Hospital since 2012. Tallahassee hospital is based in Florida. He is licensed to practice medicine by various bodies. For example American Board of Emergency Medicine. He has a license to work in Florida and Los Angeles. To make the payments more convenient and improve the patient’s experience, he accepts various insurance programs. Such plans include Aetna, Medicare and First Health. He helps many clients as he can also speak in Spanish.

Dr. Eric Forsthoefel is mostly involved in treating patients brought to the emergency rooms with injuries. Despite the urgency from the emergency situations that arise, he is always composed and compassionate towards the patients as most of them are often in pain. Some of the most common cases in an emergency room include cardiac distress, trauma and fractures in some body parts. In his 6 years of practice, he has saved many lives as some of the patients are brought to the hospital in a critical condition.

The doctors in the emergency rooms have very little time to diagnose and prescribe the right treatments. Many of his patients have appreciated his good work. One of them narrated how he found himself struggling to breath and coughing and was taken to Dr. Eric Forsthoefel. He was very understanding and gave the patient a chance to talk about his condition. To give the right prescription, the doctor went through his medical history thoroughly. The patient explains how the doctor kept visiting him to check whether the condition was improving from time to time. He monitored the patient for about 6 hours before discharging him. According to the patient, he was pleased by the doctor’s desire to help despite the many other cases he had to deal with in the emergency room.

He made a personal effort to see that the patient received the right prescription for quick recovery. Before leaving the hospital, he engages the patients in a personal talk to emphasize on the need to take charge of their health.

https://www.healthcare6.com/physician/tallahassee-fl/eric-forsthoefel-14371.html

Randal Nardone; Succeeding in Business

When it comes to business and succeeding in it, leadership comes in as a significant aspect to consider. All too often, a good leader must be able to plan, delegate and organize alongside controlling the projects in an organization. Moreover, a good leader must use a few basic principles to manage people and guide them towards attaining their individual and organizational goals. When it comes to pointing out good leaders, then Randal Nardone is one of the many who has shaped his career around developing various investment strategies that leadership guides and tutorials for different people in his department. As the co-founder of leading investment and financial services firm called Fortress Investment Group, Randal Nardone, fondly referred to as Randy, has successfully impacted other people’s lives with all the excellent leadership traits he possesses. However, to better understand his influence in the world of investments, it is critical to disintegrate his career, experiences and significant contributions to life.

Describing Randal Nardone

When Randal Nardone thought of establishing a company, he was definitely unaware of the impending competition he would face in the ever-revolutionizing world of business. Of course, he has been working in the industry of finance. Therefore, because he had clients from the past, it was easy to tag them along to his next adventure that encompassed implementing a lot of business ideas to serve his clients. Using his experiences from the past, Nardone tagged two more associates in the founding of Fortress Investment Group. The company is now a highly recognized investment firm with Nardone as the chief executive officer. Of course, under his leadership, Fortress Investment Group has developed into a significant reference point for most novice investors who aspire to put their resources in low-risk investments. Additionally, because of his contribution to the growth of the firm, many clients have been able to deliver more than the expected results.

 Fortress Investment Group

Fortress Investment Group is a prominent, leading, diversified global investment manager that applies deep experience in the execution of financial and investment services. Moreover, the company employs deep financial expertise alongside the leadership skills of one Randy Nardone in asset management, private equity, and liquid as well as traditional markets. Additionally, with his leadership, Fortress Investment Group manages about 1,500 institutional investors worldwide.

 The Outline

Over the past few years, Randy Nardone has majored in the development of various investment strategies that have, in turn, helped him create wealth to the point of being named the 557th wealthiest man in the world by the Forbes List.

Ryan Seacrest – Background of an Eclectic Entrepreneur

Ryan Seacrest first gained massive fame in 2002 as Host of the hit show American Idol. He’s continued his journey with the show but has delved into many other interests and causes since then.

His interests are varied and eclectic in nature. He hosts and produces shows on radio, broadcast, and cable TV. The Weekly Top 40, hosted by Ryan Seacrest is nationally recognized as one of the most popular radio countdowns.

Ryan Seacrest also produces popular shows such as Keeping Up with the Kardashians, E! Live from the Red Carpet, Best Cover Ever, Shades of Blue, and many others. During his mornings, he is Co-Host of Live with Kelly and Ryan, which he also produces. Ryan Seacrest Productions has even tested the Netflix waters by producing their new show Insatiable.

Ryan Seacrest is also famous for filling the spot for Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest. He’s hosted the show every year since Dick Clark passed away.

Ryan Seacrest has shown his many talents in his diverse portfolio of productions and shows, but he also launched his own men’s lines in skincare and clothing. It is known as Ryan Seacrest Distinction and is sold at Macy’s stores exclusively. Dr. Harold Lancer is a famous Dermatologist who notably helped the American Idol host Ryan Seacrest develop his skincare line.

The star is known for his wide range of skills, but he is lesser-known for his efforts in Philanthropy. Ryan Seacrest’s efforts have focused on youth initiatives and are impacting people positively across the country. The Ryan Seacrest Foundation is headed by none other than Seacrest himself as Chairman. They’ve opened several studios in Pediatric centers across the nation.

Ryan Seacrest has had his fingers on the pulse of American media for over fifteen years. His multi-faceted career is just starting. He’s beginning to branch out into new territory. However, he’s also sticking to his roots. Ryan Seacrest returns to his original role as Host of American Idol, this year on ABC.

Full details on Seacrest’s latest shows: http://abc.go.com/shows/american-idol/cast/ryan-seacrest