On January 9, the Centers for Medicare & Medicaid Services
announced the launch of a new voluntary
bundled payment model, Bundled Payments for Care Improvement
Advanced (BPCI Advanced). The new model will qualify as an advanced
alternative payment model (APM) under the Medicare Access and Chip
Reauthorization Act (MACRA), which makes participants eligible to
receive performance-based bonuses.
The new model is the first advanced APM introduced by the Trump
administration. Providers who participate in the model will choose
from among 32 different clinical care episodes and be paid based on
quality performance during each 90-day episode of care. The
deadline to apply to participate is March 12, 2018, and the Model
Performance Period starts on October 1, 2018 and runs through
December 31, 2023. More information on BPCI Advanced may be found
on the CMS website.
Introduction of the new, voluntary model comes less than two months after two mandatory bundled-payment models introduced during the Obama administration were canceled, as discussed here.
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