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Friday, March 23, 2012
Economy: Economic News, Policy & Analysis - The Washington Post: Health reform at 2: Why American health care will never be the same
Economy: Economic News, Policy & Analysis - The Washington Post
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In February 2009, Michael Zucker told a group of high-paid surgeons something they did not want to hear: The way they earned a salary was about to change.
Zucker is the chief development officer at Baptist Health System, a five-hospital network in San Antonio. For 37 common surgeries, such as hip replacements and pacemaker implants, it would soon collect "bundled" Medicare payments. Traditionally, hospitals and doctors had collected separate fees for each step of such procedures; now they would get a lump sum for treating everything related to the patient's condition.