Ingham Regional Medical Center
Encyclopedia
Ingham Regional Medical Center (IRMC) is a hospital
in Lansing
, Michigan
. IRMC is a subsidiary of the McLaren Health Care Corporation, which is an integrated managed care
health care organization operating in Michigan. Both the College of Human Medicine
and the College of Osteopathic Medicine at Michigan State University
are affiliated with IRMC.
IRMC participated in a pilot study of a bundled payment
scheme between 1987 and 1989 which involved an orthopedic surgeon
and a health maintenance organization
(HMO). The surgeon and IRMC received a predetermined fee for any arthroscopic
surgery performed, but they also provided a two-year warranty
in that they promised to cover any post-surgery expenses instead of the HMO. The pilot study, in which "all parties benefitted financially," is cited as an example of a successful outcome with bundled payments.
On July 28, 2011, Becker's Hospital Review listed Ingham Regional Medical Center's orthopedic hospital under 60 Hospitals With Great Orthopedic Programs.
Hospital
A hospital is a health care institution providing patient treatment by specialized staff and equipment. Hospitals often, but not always, provide for inpatient care or longer-term patient stays....
in Lansing
Lansing, Michigan
Lansing is the capital of the U.S. state of Michigan. It is located mostly in Ingham County, although small portions of the city extend into Eaton County. The 2010 Census places the city's population at 114,297, making it the fifth largest city in Michigan...
, Michigan
Michigan
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....
. IRMC is a subsidiary of the McLaren Health Care Corporation, which is an integrated managed care
Managed care
...intended to reduce unnecessary health care costs through a variety of mechanisms, including: economic incentives for physicians and patients to select less costly forms of care; programs for reviewing the medical necessity of specific services; increased beneficiary cost sharing; controls on...
health care organization operating in Michigan. Both the College of Human Medicine
Michigan State University College of Human Medicine
The Michigan State University College of Human Medicine is an academic division of Michigan State University , and grants the Doctor of Medicine degree. CHM was founded in 1964 as the first community-integrated medical school, and has a program that emphasizes patient-centered care and a...
and the College of Osteopathic Medicine at Michigan State University
Michigan State University
Michigan State University is a public research university in East Lansing, Michigan, USA. Founded in 1855, it was the pioneer land-grant institution and served as a model for future land-grant colleges in the United States under the 1862 Morrill Act.MSU pioneered the studies of packaging,...
are affiliated with IRMC.
IRMC participated in a pilot study of a bundled payment
Bundled payment
Bundled payment, also known as episode-based payment, episode payment, episode-of-care payment, case rate, evidence-based case rate, global bundled payment, global payment, package pricing, or packaged pricing, is defined as the reimbursement of health care providers "on the basis of expected...
scheme between 1987 and 1989 which involved an orthopedic surgeon
Orthopedic surgery
Orthopedic surgery or orthopedics is the branch of surgery concerned with conditions involving the musculoskeletal system...
and a health maintenance organization
Health maintenance organization
A health maintenance organization is an organization that provides managed care for health insurance contracts in the United States as a liaison with health care providers...
(HMO). The surgeon and IRMC received a predetermined fee for any arthroscopic
Arthroscopy
Arthroscopy is a minimally invasive surgical procedure in which an examination and sometimes treatment of damage of the interior of a joint is performed using an arthroscope, a type of endoscope that is inserted into the joint through a small incision...
surgery performed, but they also provided a two-year warranty
Warranty
In business and legal transactions, a warranty is an assurance by one party to the other party that specific facts or conditions are true or will happen; the other party is permitted to rely on that assurance and seek some type of remedy if it is not true or followed.In real estate transactions, a...
in that they promised to cover any post-surgery expenses instead of the HMO. The pilot study, in which "all parties benefitted financially," is cited as an example of a successful outcome with bundled payments.
On July 28, 2011, Becker's Hospital Review listed Ingham Regional Medical Center's orthopedic hospital under 60 Hospitals With Great Orthopedic Programs.