New Jersey Hospital Association Expands Bundled Payment Pilot Program
Written by Heather Linder | February 21, 2013
The New Jersey Hospital Association is in the process of expanding its pilot program for “gainsharing,” a system that aligns Medicare payments to help hospitals and physicians work together, according to Healthcare Finance News.
Hospitals and physicians who were part of NJHA’s program were allowed to share in any savings if they successfully reduced costs and met federal quality standards, according to the report. CentraState Medical Center in Freehold attested to saving $2.2 million over three years.