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In a bundled payment approach, providers are reimbursed a sum of money based on an episode of care. This statement is True.
Growing in popularity, bundled payment programs generally provide a single, comprehensive payment that covers all of the services involved in a patient's episode of care. A bundled payment model is a method of reimbursement in which a single, comprehensive payment is made for a solitary episode of care. Multiple providers delivering care during this episode are paid in one lump sum, as well as payment made to the hospital/facility. In contrast to traditional fee-for-service reimbursement where providers are paid separately for each service, an episode-of care payment covers all the care a patient receives in the course of treatment for a specific illness, condition or medical event.
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