SOURCE: The Camden Group

September 01, 2010 08:42 ET

The Camden Group Expands Bundled Payment Expertise and Resources

LOS ANGELES, CA--(Marketwire - September 1, 2010) -  The Camden Group, one of the nation's leading healthcare business advisory firms, continues to expand the firm's expertise and resources to assist clients in response to healthcare reform with the addition of Deirdre M. Baggot, RN, MBA as vice president. Ms. Baggot served as the administrator of the cardiac and vascular institute at Exempla Saint Joseph in Denver, Colorado, where she played a key role in helping the hospital win the bid to be selected as an Acute Care Episode (ACE) cardiovascular services bundled payment pilot program -- one of four in the nation. She subsequently developed and managed these services, achieving both cost savings and improvement in quality. This news follows the announcement in May that the former CEO of Exempla Saint Joseph, Robert A. Minkin, has joined The Camden Group as well.

"Our clients will really benefit from Deirdre's expertise in designing and implementing bundled payments -- from applying to be a CMS pilot site or more immediately, reaching out to commercial payers to bundle payments," said Steve Valentine, president of The Camden Group. "We're definitely seeing more and more commercial payers interested in bundling payments as a way to bend the cost curve, and for many hospitals, this is an opportunity they can't afford to miss."

In light of healthcare reform, The Camden Group has been rapidly growing its thought leadership team this past year by adding several senior members to the firm, including James Smith (formerly with Greater Rochester Independent Practice Association ("GRIPA") and Excellus Blue Cross Blue Shield), as well as seeking affiliation with innovative entities to provide clients access to industry-changing organizations. These include GRIPA, one of the first in the nation to receive a favorable advisory opinion from the FTC on their clinical integration program, and Healthcare Partners, LLC, which operates as an accountable care organization with physician networks serving over 1,000,000 patients nationwide, including over 140,000 Medicare Advantage and 600,000 commercially insured members.

"Healthcare reform both poses new challenges to healthcare executives and tremendous opportunity to be at the forefront of re-engineering our healthcare delivery system," said Baggot. "The Camden Group has an excellent reputation for success with their clients, and I am thrilled to join the team at such an exciting and pivotal time for our industry."

Prior to joining Exempla Saint Joseph Hospital in 2005, Ms. Baggot worked for ten years in academic healthcare, first at Northwestern Memorial Hospital and later at The University of Michigan Health System in strategic and leadership roles.

About The Camden Group
With offices in California, Illinois, and New York, The Camden Group is one of the nation's leading healthcare business advisory firms. The firm provides a broad array of healthcare consulting services in areas ranging from strategic and business planning and financial advisory and compliance, to hospital operations improvement, hospital/physician alignment, clinical integration, and developing accountable care organizations. Since its founding in 1970, The Camden Group has advised more than 1,000 hospitals, medical groups, outpatient facilities, and other healthcare organizations nationwide. For more information, visit us online at www.TheCamdenGroup.com.

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