Friday, June 26, 2009

Health Care Reform - Health Care With a Warranty?

In yesterday's New York Times, Dr. Pauline Chen writes about the concept of health care with a warranty. Bridges to Excellence CEO Francois de Brante, along with colleagues Guy D'Andrea and Harvard economist Meredith Rosenthal, published in the most recent edition of Health Affairs an article that proposes a new health care reimbursement model that comes with a warranty. This model, called Prometheus Payment, first covers all fees for standard and recommended services, treatments, and procedures for specific conditions. However, the fees are "risk-adjusted" for patients who may be old or frail. The warranty, thus, is based on the costs incurred by avoidable complications and half of those costs must be paid for by the provider.

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