Deirdre Baggot is a holder of a degree in Doctor of Philosophy from the University of Colorado and a master’s degree in Business Administration from the Chicago’s Loyola University Graduate School of Business. Additionally, she holds a Nursing Bachelor of Science, and she as well studies at Gregory LaVert. In that case, she has a rich educational background that reflects in her contribution to the healthcare sector. To begin with, Deirdre is experienced as a hospital administrator and clinician, and she is as well a developer for bundled payments. She has also played a crucial role in the advancement and leadership of consulting practices with a concentration on modernizations in payment transformation in the healthcare sector. Read more at worldcongress.com to learn more.
Within these efforts, she has managed to create a relationship with clients that is undeniably fruitful considering that some programs and approaches are designed and implemented for almost 200 hospitals. With this advancement in the payment system, the patients started experiencing good services at a low cost. Surprisingly, Deirdre Baggot does not leave these innovations unattended as she also offers advice to various leaders in senior positions and those in the health systems she relates within her career. The fact that she is knowledgeable about bundled payments for Medicaid and Medicare services in health facilities places her strategically in the field of health.
For her undisputable contribution in the health sector, Deirdre Baggot has been recognized nationally for her pioneering on bundled payments. In that case, she has been honored by being offered an opportunity to speak in various medical conferences where she shared her expertise and offer her sentiments on various medical issues. Some of these conferences comprise of the American Heart Association, Innovation Summit, American College of Healthcare Executives and Bundled Payment Summit as well as Healthcare Financial Management Association. Having attended such a wide range of conferences, it is evident that she has been vibrant in contributing towards better days in the world of health and hopes for the best to those that seek health care services. Being a public figure that has brought change nationally, Deirdre Baggot has as well become a highlighted expert on Planet money, the Morning Edition of National Public Radio and All Things Considered.
Deirdre Baggot is one of the leading experts when it comes to the business side of medical care. Currently, Baggot is an expert for the Centers for Medicare & Medicaid Services, specializing in bundled payments. Prior to that, she was the administrator of a cardiac and vascular center. Recently, she has been doing a lot of writing and analysis of Medicare’s new payment system.
Bundled payments are the new method adopted by Medicare to reimburse providers. This system is designed to streamline the way Medicare works. Before the adoption of bundled payments, each physician received a fee for the services rendered. One example of how inefficient this was can be seen in the way a single surgery might be handled. For that one procedure, Medicare would issue several payments: one to the hospital, one to the surgeon, and one to the anesthesiologist. Read More articles at acc.org to learn more.
Under the new bundled payment system, Medicare will issue one payment to cover both the hospital and providers. The bundled payment is based on a rate determined by analyzing similar procedures performed in the past. Bundled payments are much more streamlined for Medicare to administer. They also put an appropriate level pressure on hospitals to provide value for services and minimize the number of extra tests ordered.
Deirdre Baggot’s analysis is colored by her understanding of the medical industry as a whole. She has both a Masters in Nursing and a Masters in Business Administration. She understands that soon, bundled payments won’t just be a feature of Medicare. Once adopted by that large system, smaller insurers will adapt to it, too. They will use the same method of determining a rate and issuing one payment to the system, not providers as individuals.
Deirdre Baggot sees the system of bundled payments as overwhelmingly positive development. She points out that this is an evidence-based measure. All of the studies and research show that this will improve efficiency and likely have a positive impact on the level of care and how it’s delivered. Baggot is a sought-after public speaker on this topic. She is able to explain it clearly and effectively to journalists and medical administrators alike. Check: https://vimeo.com/101082351
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