One hears a lot these days about value-based payment and the goal of realizing value-based care on a population health basis, however there is a great deal of uncertainty about how and when to get there.
Over the past decade, healthcare reform's focus on value-based healthcare and improved patient outcomes—combined with major advances in orthopaedic technologies—have had a significant impact on the economic and clinical aspects of orthopeadic practice.1,2read more
In 1983, the CMS, introduced the IPPS in which hospitals received a single prospective payment per-discharge that included all facility costs, such as room, board, and nursing, while orthopedic surgeons received separate fees for surgery and other services.2read more
Hip and knee replacements are among the most frequently performed operating room procedures in the U.S. and the numbers are increasing.1
According to a 2018 study, THA is projected to grow 71% by 2030 and TKA is projected to grow 85% by 2030.2