Deirdre Baggot is a medical practitioner who has grown to gain a great reputation due to her achievements. She acquired her bachelor’s degree in nursing as well as in business administration in the United States. As she studied, she was exceptional at making her get the selection to be in charge of some executive roles. She has had the opportunity to work with many organizations both in the medical sector and also those involving management.
She has grown to gain a lot of experience in the fields she has been involved with. Deirdre Baggot uses the knowledge she has to help others get informed. For this reason, she is a known speaker who has reached the chance to talk to many people, organizations as well as nations. Moreover, she is an author who uses writing to express her opinions and inform people on the platform. She has written many articles which involve various aspects such as health care reform, physician integration and bundled payments among many other elements. The writings mostly touch on ways to improve medical care. Read More articles at acc.org to learn more.
Deirdre views the success of bundled payment to be accredited by visionary leadership and active decision-making process. She emphasizes that every healthcare organization should take time to comprehend what it makes use of bundled payments for lack of knowledge will be a disaster. Deirdre Baggot assists in exposing the functions of bundled payments and the things one should observe.
One of the truths is that bundled payments work with the principle of using fixed volume. There is no promise to have a discount, and if it occurs, it is difficult for one to get incremental volume. Therefore, the cost of care may be expensive if the cost of care is not lowered. On the other hand, the offer to have exclusivity is not present making the volumes available minimal.
Secondly, flexibility is crucial in the management of bundled payments. For effective functioning, there should be effective leaders who are open to new ideas and can conduct restructuring if required. Therefore, the leaders present should be observant and keen not to ignore unquestioned routines. They should be free to bring new strategies that can cause better services.