vineri, 9 decembrie 2011

Johns Hopkins Medicine To Offer Pepsico Employees New Travel Surgery Benefit

Main Category: Heart Disease
Also Included In: Cardiovascular / Cardiology;  Cosmetic Medicine / Plastic Surgery
Article Date: 09 Dec 2011 - 2:00 PST

email icon email to a friend   printer icon printer friendly   write icon opinions  
not yet ratednot yet rated
Johns Hopkins announced today that PepsiCo, the world's second-largest food and beverage business, will offer its employees the option to travel to Johns Hopkins Medicine in Baltimore for cardiac and complex joint replacement surgeries.

The travel surgery benefit will be extended to PepsiCo's domestic employees and their dependents almost 250,000 people making the finest in medical care available regardless of geography.

PepsiCo, which sponsors its own self-funded medical plans, will waive deductibles and coinsurance for those who elect to have their surgery at Johns Hopkins. The company will also cover the travel and lodging expenses to Baltimore for the patient and a companion. The payment methodology for these procedures is a bundled rate, an all-inclusive rate for hospital and physician charges and certain preoperative testing. This innovative reimbursement model provides payment for all the patient care over the course of a clinical episode instead of paying for each service on a fee-for-service basis.

"We're excited about the opportunity to work with an innovative company like PepsiCo that is committed to ensuring cost-effective, higher-quality care as part of its employee health benefits," says Patricia M.C. Brown, president of Johns Hopkins HealthCare LLC, the managed care arm of Johns Hopkins Medicine. "We're offering their employees some of the best health care available, which should mean fewer complications and should result in employees being able to return to work sooner. At the same time, we're offering PepsiCo predictability regarding cost."

Brown adds that Hopkins is open to similar arrangements with other large companies.

"We are pleased to work with Johns Hopkins to offer PepsiCo employees and their families access to this outstanding health care institution," says Bruce Monte, senior director, PepsiCo Health & Welfare Benefits. "This is a great example of the distinctive programs we provide on top of our already strong health care benefits. These programs are designed to help our employees and their families live healthier lives and ensure a high level of workforce support, which in turn helps PepsiCo to be a successful company."

To be eligible for the new program, the patient must be approved for surgery in advance and be healthy enough to travel. Other types of surgery may be made part of the program in the future.

Article adapted by Medical News Today from original press release. Source: Johns Hopkins Medicine
Visit our heart disease section for the latest news on this subject. Please use one of the following formats to cite this article in your essay, paper or report:

MLA

Johns Hopkins Medicine. "Johns Hopkins Medicine To Offer Pepsico Employees New Travel Surgery Benefit." Medical News Today. MediLexicon, Intl., 9 Dec. 2011. Web.
9 Dec. 2011. APA

Please note: If no author information is provided, the source is cited instead.


Please note that we publish your name, but we do not publish your email address. It is only used to let you know when your message is published. We do not use it for any other purpose. Please see our privacy policy for more information.

If you write about specific medications or operations, please do not name health care professionals by name.

All opinions are moderated before being included (to stop spam)

Contact Our News Editors

For any corrections of factual information, or to contact the editors please use our feedback form.

Please send any medical news or health news press releases to:

Note: Any medical information published on this website is not intended as a substitute for informed medical advice and you should not take any action before consulting with a health care professional. For more information, please read our terms and conditions.



View the original article here