Bundled Payments Are Coming To Joint Replacement Surgery

SurgeryThe handwriting is on the wall that the “do more, bill more” era is waning. It’s being replaced by the “no outcome, no income” era. One of the logical places to start is surgery with bundled payments. It’s been accelerated by the pain of out-of-control healthcare costs felt most acutely by employers and their employees. This has led to the creation of Transparent Medical Networks to slay the healthcare cost beast.

The trend began with smaller organizations and is now being extended to much larger organizations. Pioneering surgery centers and employers have shown that they can solve healthcare’s most vexing problem—pricing failure. To the surprise of many, this has led to the largest nonprofit health system heading toward fully transparent pricing. This is a core element of the Health Rosetta approach that has shown to reduce per capita healthcare costs 30-50% for employers and is a huge improvement over the horrible status quo of health benefits.

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About Peter Coffaro 1102 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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