Deirdre Baggot describes herself as a Healthcare Business Strategist and Payment Innovation Expert. She is currently living and working in Denver, Colorado. Baggot holds several degrees, a Bachelor of Science in Nursing, a Masters in Business Administration, and a PhD in Philosophy. Perhaps her biggest area of achievement is being recognized as a prominent and respected national authority on healthcare payment reform, and an expert on payment bundling.
Bundling is most suited to conditions that call for a known set of predictable procedures and treatment. As a pioneer of bundled payment plans, Deirdre Baggot has designed and implemented bundled payment models in over two hundred facilities. Results from the implementation of those plans indicate not only enormous cost savings, but improved quality of care and better patient experiences. Baggot frequently shares information on bundling through articles, conferences, webinars, and presentations. Read more articles by Deirdre Baggot at Researchgate.
When discussing the benefits of bundling, Deirdre Baggot says lower cost is the main benefit of bundled payments. She points to several real-life examples of this being the case for major health care providers like the Baptist Health System who saw cost declines of more than twenty percent in a specific area while participating in payments through Medicare bundled programs. Moving care after discharge to the home, and standardizing supplies are other cost saving strategies under bundled plans. Overall, Baggot says that bundled plans reduce excessive testing and unnecessary treating.
The cost benefits extend to commercial payers as well. When reporting on spine and joint bundled programs, United Healthcare saw a twenty-two percent reduction in readmission to the hospital, when compared to nonparticipating facilities. Complications for those patients was reduced by seventeen percent. In 2014, New Jersey’s Horizon Blue Cross Blue Shied saw similar results where comparing data from claims. There was a significant lower readmission rate for those who had bundled payment care.