2 orthopedic powerhouses strengthening value-based care

Practice Management

Two leading orthopedic institutions have taken steps to bolster value-based care in 2024.

In March, Philadelphia-based Rothman Orthopaedic Institute extended its value-based care agreement with Independence Blue Cross for three more years. The two organizations have had their value-based care agreement since 2018, and it includes total hip, knee and shoulder replacements, knee arthroscopy, lumbar laminectomy and spinal fusion. Since 2018 the agreement helped Rothman lower clinically-related costs by more than $3,000 per case, reduce hospital admissions by 38% and reduce emergency department visits by 29%.

In May, New York City-based Hospital for Special Surgery said it was collaborating with Best in Class MD to launch a bundled surgery program for orthopedics. The program is designed to serve as an intermediary to worker's compensation carriers nationwide. It will streamline care for patients, providers and payers, with a Best in Class MD physician confirming for payers that a recommended procedure is appropriate and communicating to beneficiaries that care will be available at HSS.

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