Deirdre Baggot, Ph.D., is a healthcare payment reformer. She champions bundled payments which is a payment system that is beneficial to both healthcare providers and patients. Healthcare providers reduce their costs and improve their bottom line. Patients enjoy a better experience accessing healthcare, fewer hassles, and often a better outcome. She says that bundled payments is truly a win-win. Learn more on medicaldailytimes.com
She has provided her services to transition to bundled payments to over 200 hospitals. The types of bundled payments models she has deep experience with include Medicare, Medicaid, employers, and commercial payors. With bundled payment models implemented she says that health care providers are paid based on the quality of care they receive instead of the current system of financially rewarding quantity.
Of course, the health care system is far better than it was decades ago despite its problems. People are living 30 years of life more than people did in the early 1900s. Infant mortality rates especially have been drastically reduced. The major problem today is that the costs have risen dramatically, far outpacing the rate of inflation. Deirdre Baggot says that the answer is bundled payments which reduces the amount of frivolous medical tests and other procedures that are not needed.
She holds a nursing degree she acquired at Southern Illinois University and an MBA from Loyola University’s Quinlan School of Business. Her Ph.D. was earned at the University of Colorado and she also earned a certificate in health care executive leadership at the Wharton School of Business.
Early in her career, Dierdre Baggot worked as a nurse for six years. She transitioned into management at Northwestern Memorial Hospital and took this leadership experience to the University of Michigan Health System. She has worked as a senior administrator at SCL Health and a senior vice president at GE Healthcare Partners. She is now self-employed as a bundled payments consultant.