Categorized | Colorado News, National News, News

CMS Announces New Bundled Payment Model

The Centers for Medicare & Medicaid Services (CMS) announced the first  voluntary bundled payment model under a Trump administration.  The announcement comes just two months after CMS canceled two mandatory bundled payment programs established under the Obama administration.

The new program named “Bundled Payments for Care Improvement Advanced” will include 32 clinical episodes of which 29 are in an inpatient setting.  Each episode will begin with the inpatient admission or outpatient first procedure.  The episode will end 90 days following the admissions stay or first procedure.  Seven quality measures have been selected to determine a successful episode, two general quality measures for all episodes and five that are specific to a particular one.

Providers have until March 12 to apply and the new program will begin October 1.

Read more at CMS.gov.

Read more at Becker’s Hospital Review.

Read more at FierceHealthcare.

 

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