Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees
Bundled payments in health care have gained favor because they can reduce costs and help improve outcomes. In essence, episodic bundles cover the cost of a patient’s care from start to finish—all the procedures, devices, tests, drugs and services a patient will need for, say, a knee replacement or back surgery.
Lowe’s, Walmart, McKesson and JetBlue Airways, among others, partnered with PBGH to launch the Employers Centers of Excellence Network (ECEN) which helps employers identify quality providers and negotiate bundled payments. Read more in the Harvard Business Review.