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As part of this partnership, NEBH will offer hip and knee replacement services at a fixed price known as a bundled payment.
December 20, 2016
By: Businesswire
New England Baptist Hospital (NEBH), the premier regional provider for orthopedic surgery and the treatment of musculoskeletal diseases and disorders has been named a GE Center of Excellence for hip and knee replacement surgery. With this designation, eligible GE plan members can elect to receive enhanced coverage for their joint replacement surgery at NEBH. As this is a national program, NEBH will support patients whether they live locally in the Boston area or plan to travel to NEBH from out of town. “As value-based health care gains traction, a fresh approach is needed to delivering care that leads to better patient care, quality and outcomes at a lower cost,” said Trish Hannon, president and CEO of NEBH. “As the largest orthopedic hospital in the region, we are excited to partner with GE on this program.” The partnership between NEBH and GE is part of a growing trend where GE and other larger, self-insured companies are choosing to contract directly with high value care providers for specialty care and treatment to provide high quality, cost effective employee health benefits. As part of this partnership, New England Baptist Hospital will offer hip and knee replacement services at a fixed price known as a bundled payment, providing both quality care and value to GE and its employees. “Bundled payments are the future of health care delivery,” said Professor Michael E. Porter, Harvard Business School. “They drive value for patients through supporting care integration, creating accountability for patient outcomes, and rewarding innovation to improve efficiency. Leading employers have been pioneers in embracing this new model, which allows their employees to receive care from excellent providers and control costs. New England Baptist Hospital has taken a big step to position itself for the incoming care delivery model.” NEBH industry recognition includes being named by U.S. News & World Report as one of the top hospitals in the country for orthopedics, and ranked as one of the top 100 women-led businesses in Massachusetts by The Commonwealth Institute and Boston Globe Magazine. NEBH is a 2016 Guardian of Excellence award winner for the ninth consecutive year for outstanding clinical quality and patient experience.
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