Cost Analysis in Shoulder Arthroplasty Surgery

Cost in shoulder surgery has taken on a new focus with passage of the Patient Protection and Affordable Care Act. As part of this law, there is a provision for Accountable Care Organizations (ACOs) and the bundled payment initiative. In this model, one entity would receive a single payment for an ep...

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Main Authors: Matthew J. Teusink, Nazeem A. Virani, John A. Polikandriotis, Mark A. Frankle
Format: Article
Language:English
Published: Wiley 2012-01-01
Series:Advances in Orthopedics
Online Access:http://dx.doi.org/10.1155/2012/692869
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author Matthew J. Teusink
Nazeem A. Virani
John A. Polikandriotis
Mark A. Frankle
author_facet Matthew J. Teusink
Nazeem A. Virani
John A. Polikandriotis
Mark A. Frankle
author_sort Matthew J. Teusink
collection DOAJ
description Cost in shoulder surgery has taken on a new focus with passage of the Patient Protection and Affordable Care Act. As part of this law, there is a provision for Accountable Care Organizations (ACOs) and the bundled payment initiative. In this model, one entity would receive a single payment for an episode of care and distribute funds to all other parties involved. Given its reproducible nature, shoulder arthroplasty is ideally situated to become a model for an episode of care. Currently, there is little research into cost in shoulder arthroplasty surgery. The current analyses do not provide surgeons with a method for determining the cost and outcomes of their interventions, which is necessary to the success of bundled payment. Surgeons are ideally positioned to become leaders in ACOs, but in order for them to do so a methodology must be developed where accurate costs and outcomes can be determined for the episode of care.
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series Advances in Orthopedics
spelling doaj-art-1c7a4a2d45cc4ba28d23fb4a32e4df602025-02-03T06:08:34ZengWileyAdvances in Orthopedics2090-34642090-34722012-01-01201210.1155/2012/692869692869Cost Analysis in Shoulder Arthroplasty SurgeryMatthew J. Teusink0Nazeem A. Virani1John A. Polikandriotis2Mark A. Frankle3Shoulder and Elbow Services, Florida Orthopaedic Institute, 13020 N. Telecom Parkway, Tampa, FL 33637, USADepartment of Shoulder and Elbow Research, Foundation for Orthopaedic Research and Education, 13020 N. Telecom Parkway, Tampa, FL 33637, USADepartment of Shoulder and Elbow Research, Foundation for Orthopaedic Research and Education, 13020 N. Telecom Parkway, Tampa, FL 33637, USAShoulder and Elbow Services, Florida Orthopaedic Institute, 13020 N. Telecom Parkway, Tampa, FL 33637, USACost in shoulder surgery has taken on a new focus with passage of the Patient Protection and Affordable Care Act. As part of this law, there is a provision for Accountable Care Organizations (ACOs) and the bundled payment initiative. In this model, one entity would receive a single payment for an episode of care and distribute funds to all other parties involved. Given its reproducible nature, shoulder arthroplasty is ideally situated to become a model for an episode of care. Currently, there is little research into cost in shoulder arthroplasty surgery. The current analyses do not provide surgeons with a method for determining the cost and outcomes of their interventions, which is necessary to the success of bundled payment. Surgeons are ideally positioned to become leaders in ACOs, but in order for them to do so a methodology must be developed where accurate costs and outcomes can be determined for the episode of care.http://dx.doi.org/10.1155/2012/692869
spellingShingle Matthew J. Teusink
Nazeem A. Virani
John A. Polikandriotis
Mark A. Frankle
Cost Analysis in Shoulder Arthroplasty Surgery
Advances in Orthopedics
title Cost Analysis in Shoulder Arthroplasty Surgery
title_full Cost Analysis in Shoulder Arthroplasty Surgery
title_fullStr Cost Analysis in Shoulder Arthroplasty Surgery
title_full_unstemmed Cost Analysis in Shoulder Arthroplasty Surgery
title_short Cost Analysis in Shoulder Arthroplasty Surgery
title_sort cost analysis in shoulder arthroplasty surgery
url http://dx.doi.org/10.1155/2012/692869
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