March 16, 2018
McDermott+Consulting Senior Director and MACRA Resource Center director Sheila Madhani will participate in the upcoming live webinar program “New CMS BPCI Advanced Bundled Payment Model: Risks, Regulatory Requirements, Implementation Challenges”
Additional program and registration information:
On January 9, 2018, Centers for Medicare & Medicaid Services (CMS) launched its new voluntary “Bundled Payments for Care Improvement Advanced” (BPCI Advanced) model, to begin on October 1, 2018 and run through 2023.
Under the traditional Medicare fee-for-service payment model, Medicare pays providers for each service performed. Under the BPCI Advanced model, participants can earn additional revenue if the total expenditures for a beneficiary’s episode of care are kept below an overall spending target that factors in quality. BPCI Advanced will qualify as an Advanced Alternative Payment Model (APM) under the Quality Payment Program.
BPCI Advanced participants will bear some financial risk and payments will be tied to quality performance. Participants must use EHR technology and modify their delivery of healthcare services to reduce Medicare expenditures while maintaining or improving performance quality. Healthcare providers and their legal counsel face significant legal and regulatory issues in structuring such bundled payment arrangements.
John M. Harris, MBA, Director at Veralon; Sheila Madhani, Senior Director at McDermott+Consulting and J. Peter Rich, Partner at McDermott Will & Emery, will discuss the new CMS BPCI Advanced model. The panel will describe this new model and will discuss the participation requirements and potential benefits and risks. They will also examine the BPCI Advanced model’s relationship with MIPS and offer insights to overcome implementation challenges.
The panel will review these and other critical issues:
or call 1-800-926-7926 (ask for New CMS BPCI Advanced Bundled Payment Model on 4/24/18 and mention code: H81CJ1-U1NDXZ)