Deirdre M. Baggot, Ph.D., MBA, RN is the Senior Vice President of The Camden Group as a nationwide expert on healthcare payment reform. Ms. Baggot has received national accolades for her innovative plan on bundled payments within the medical field. The medical community has used a one-size-fits-all for years in their payment system. Dr. Baggot has changed the rules of a fee-for-service payment system into a bundled solution.
Dr. Baggot in her bundled payment system has allowed for each healthcare facility to incorporate her plan into their existing process without any downtime. Deirdre Baggot has worked with and led many healthcare organizations and she knows the monetary dilemma that they faced. Dr. Baggot said that using a bundled payment system would replace the former payment structure that consisted of expensive monthly payments, copayment, high deductibles for patients.
Also, errors were always associated with medical bills, which led to incorrect billing and incorrect chart coding for the medical staff. Introducing Dr. Baggot’s bundled payment systems has eradicated all these mistakes which introduced more time for better patient care. In a recent interview, Dr. Baggot was asked what is one business idea that she was willing to give away. Learn more on Inspirey.com
Deirdre stated that healthcare is full of waste and duplication. When consumers are given the tools to take better care of their health, then the system would work better and become less expensive. Dr. Baggot said that the health care system needs help in the form of private monetary assistance.
Dr. Deirdre Baggot attended Southern Illinois University where she received a nursing degree. She received her MBA from the Loyola University’s Quinlan School of Business and her Ph.D. from the University of Colorado. Dr. Baggot began her illustrious career in healthcare as a nurse and nurse coordinator at Northwestern Memorial Hospital.
Following this career, she joined the faculty staff at the University of Michigan Health System where she served as the office manager and financial analyst. Dr. Deirdre Baggot moved to Los Angeles to work for GE Healthcare Partners as their senior vice president and exponentially grew their revenue to millions of dollars that were generated from the company’s healthcare payments.
Dr. Baggot’s extensive experience in her payment plan system began when she worked at Exempla Healthcare using their CMS Acute Care Episode bundled payment system which she vastly improved as the Expert Reviewer. Deirdre and her company have led their healthcare facility partners to increased promising results.
Healthcare and various medical organizations are seeking advice on how to transition to bundled payment programs. Dr. Baggot does not let them down. Using her expertise and knowledge, she shows them how to avoid unnecessary pitfalls and how to best use their new bundled payment system.