How Deirdre Baggot Is Advancing The Healthcare Industry
Deirdre Baggot is one of America’s foremost experts on bundled payment plans in the healthcare industry. These types of plans pay a single fixed payment for all the care and services a patient receives for their specific medical condition over the course of a pre-determined amount of time.
If the hospital and doctors are able to deliver care that is less costly than the single fixed payment they get paid more. If they exceed that dollar amount they get paid less. The goal is to improve the quality of care that patients receive while reining in costs. It’s a voluntary program that hospitals across the nation are moving to as they see these plans benefit both them and patients. Learn more about her career in healthcare on CrunchBase
Deirdre Baggot has made a name for herself in the healthcare industry not just a bundled payment plans expert but also as a business strategist. Her educational background includes earning a Ph.D. in philosophy at the University of Colorado – Denver. She started out at Northwestern Memorial Hospital where she was a staff nurse. She has also worked as a consultant and as an executive such as at Camden Group where she was a senior vice president.
She has written over 20 papers about various healthcare industry topics. Beyond bundled payment plans she has also written about payment transformation and healthcare reform. She spent 10 years in academic healthcare where she served in key leadership roles. Among the organizations she has helped pilot bundled payment plans is the New York Medicaid program.
Deirdre Baggot wrote a paper about improving the satisfaction of nurses and reducing their turnover. She says that hospitals tend to have a lot of turnover in their nurses because of the stresses of the job and how they don’t feel properly supported. Her paper dealt with ways to improve situations for nurses and make them more satisfied in their positions.
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