Dierdre Baggot Explains More About Bundled Payment Innovation To Ideamensch

Deirdre Baggot is a healthcare system reformer and her work in bundled payments has helped many hospitals and health organizations run at higher efficiency levels and has made payments easier for patients. Ideamensch asked her some questions about what her life as a medical professional has been like and where she sees the future of medical technology going. Baggot told them one of the first times she ventured into medical innovation was when she was a nurse at Northwestern Memorial Hospital and she needed to figure out how to better organize her patient checklist. She rearranged the list and made sure she wasn’t overdoing work. Baggot says she’s most excited about wearable technology and how she believes that will help medical professionals with multitasking. Read More articles at acc.org to learn more.

Deirdre Baggot is the Vice President of the Camden Group, a bundled payment consulting firm based in Los Angeles. During her time there, she’s been designated to several administrative positions including being an expert reviewer for the Bundled Payments for Care as part of the Centers for Medicare & Medicaid Services. In 2016 she was part of a team of medical payment reform experts who started introducing the bundled payment systems on a large scale while working with ECG Consultants.

Deirdre Baggot graduated from Southern Illinois University with a bachelor’s degree in nursing just prior to starting at Northwestern Memorial Hospital. Her next phase was completing a certificate in Health Care Executive Leadership at the University of Pennsylvania Wharton School and then overseeing various functions at the University of Michigan’s health system. One of her first big accomplishments came when she was at Exempla St. Joseph and helped bring a cardiovascular services pilot program as part of the Acute Care Episode, a program that was exclusive to four health centers in the US. Deirdre Baggot has spoken at many health seminars and published over 20 papers in her field. Other positions she has held include being an advisor to the American Organization of Nurse Executives, Veterans Health Administration and she’s been a featured guest in media outlets like the Wall Street Journal, Modern Healthcare and National Public Radio.

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Innovative Payment Methods From Deirdre Baggot

Various stakeholders in the health industry have come together to provide more convenient payment methods to the clients. One of the market players who has worked tirelessly on this is the Centers for Medicare and Medicaid Innovation. Deirdre Baggot has played a big role in seeing the transformation of the health industry. After their recent announcement, more changes are expected among the other service providers. For bundled payment system to be successful, there is a need for a good leadership in the firm and reliance on credible evidence. The healthcare providers should put in place mechanisms to provide a wide range of services to the customers. They should also focus on providing only the necessary treatments. The bundled payments are expected to streamline the healthcare industry by ensuring that the patients get value for their money. More patients gain access to healthcare. Visit at researchgate.net to learn more.

The new changes may face resistance from some market players. A good leader embraces changes within the industry and adheres to the set industry standards. Some of the business leaders may fear change due to the potential negative implications. The management of any firm is mandated with the responsibility of making vital frameworks that facilitate effective decision making. Some of the leaders make decisions but fail to implement them in the organization and this means that there is no progress. The payment system ensures that the clinicians adhere to the required regulations and are accountable for any diversion from the set standards. The healthcare providers are obligated to provide high-quality services to their patients. Some providers may even exit from the sector as they may find the requirements too tough on them.

Deirdre Baggot heads the Camden Group as its vice president. The firm provides health consultancy services to its clients. She has been vocal on the need for a change in the payment methods for health services. She has worked in the health industry for many years with an impressive performance. Many organizations have embraced her innovative payment methods. Due to her skills, she has been invited to offer advice and recommendations for many health institutions to perform well. She has been featured on international forums to shed some light on bundled payments. Visit: https://ideamensch.com/deirdre-baggot/