To kick off the collaboration, join us in person or online for a seminar on bundled payments with Dr Sarah Neville, IHACPA’s Director of Analytics. Dr Neville will draw on her recent experience as a Senior Harkness Fellow in Health Care Policy and Practice in the United States.
Bundled payments – what makes them work? Lessons from the US
Value-based health care has been lauded as the new paradigm to curb health spending and improve quality of care worldwide. Many forms of value-based payment models exist, with one of the most promising being bundled payments, where payments are made to health providers for a clinically defined episode or bundle of related health care services. Under a bundled payment model, the provider assumes the risk – they are required to cover the total payments for the bundle of services, even if they exceed the price, but they also share in any savings when the total payments for the bundle of services is below the price.
For her Senior Harkness Fellowship in Health Care Policy and Practice in 2022-23, Sarah Neville PhD undertook research to gain first-hand knowledge of bundled payment models. This included analysis of how the design, implementation, monitoring and evaluation of these models in the US determined their success. The research had particular focus on how risk is managed in the design of bundled payment models, and whether historically marginalised populations have equitable coverage and outcomes.
- Date: Monday 4 December 2023
- Time: 4pm–5pm followed by light refreshments
- Location: University of Sydney, Seminar Room 105 – F23 Michael Spence Building
Corner of Eastern Avenue and City Road, Camperdown NSW 2006
- Cost: Free