Which of the following best describes the objective of Bundled Payments?

The objective of Bundled Payments is to provide a single, fixed payment for an entire treatment. This payment model encompasses all services related to a specific condition or treatment over a defined period, promoting coordinated care among various providers involved in the patient's treatment. By consolidating payments into one fixed amount, this approach encourages providers to work collaboratively, streamline processes, and ultimately focus on delivering high-quality, efficient care.

The bundled payment system also shifts the focus from volume to value, incentivizing healthcare providers to manage costs effectively while maintaining or improving the quality of care. This model contrasts with traditional fee-for-service reimbursement, where providers are paid for each individual service, which can lead to unnecessary tests or procedures.

In summary, the essence of bundled payments lies in providing a unified financial structure that rewards comprehensive patient care, from start to finish, rather than fragmented billing for disparate services.