Despite continuous efforts, commercial insurers and Medicare reimbursements remain stagnant or declining. It is essential to “think different” by exploring and adopting direct-pay initiatives focused on transparently priced healthcare bundles. This session guides participants through diversifying payer mix by leveraging direct-pay models, targeting self-insured employers, streamlining workflows, and establishing “Zero Revenue Cycle” payment methods. Participants will gain strategic insights from an orthopedic surgeon who has successfully implemented direct-pay bundles, establishing new revenue streams and helping numerous practices replicate this model. Attendees will leave empowered with strategies to effectively transform their practice’s financial and operational landscape through direct-pay approaches.
Learning Objectives:
Formulate strategies by comparing transparently priced bundled care plans to traditional third-party reimbursement models
Evaluate existing practice processes to identify barriers and limitations when integrating self-pay/direct-pay initiatives
Develop a comprehensive, practical plan to successfully implement direct-pay patient workflows within your practice
