Bundled Payment

Q&A with Lou Shapiro: ‘Rise to the occasion and make a difference’

For more than 150 years, the mission of the Hospital for Special Surgery in New York City has been to provide high-quality, efficient care for orthopedic and rheumatology patients. The hospital performs more than 30,000 surgical procedures a year, including more than 10,000 joint replacements. At the helm of the organization since 2006 is Lou Shapiro, a veteran healthcare executive who previously served as chief operating officer of Geisinger Health System in Pennsylvania. Shapiro stopped by Modern Healthcare’s Chicago offices to speak with reporter Maria Castellucci about HSS’ unique care-delivery approach, its efforts to expand and how to achieve value in healthcare.

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Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees

Bundled payments in health care have gained favor because they can reduce costs and help improve outcomes. In essence, episodic bundles cover the cost of a patient’s care from start to finish—all the procedures, devices, tests, drugs and services a patient will need for, say, a knee replacement or back surgery.

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