Premier’s Chris Murphy on the Critical Success Factors Involved in Bundled-Payment Contracting

Success with bundled-payment contracting has proven to be a challenge for the leaders of many patient care organizations nationwide; yet it is also an area of huge opportunity for hospital and health system leaders, as they consider how and in which service line areas to move forward into value-based contracting.

And some health systems are documenting real progress in this area, and pioneering in ways that others can follow. 

Chris Murphy, who supervises bundled-payment contracting collaborative at Premier Inc., shares his perspectives on the clinical, financial, and operational strategies that are key to success in that important area. Earlier this month, Hagland interviewed Chris Murphy, principal for Strategy, Innovation, and Population Health at Premier. Below are excerpts from that interview.