The Centers for Medicare & Medicaid Services (CMS) announced the new participants in the Bundled Payments for Care Improvement (BPCI) Advanced model. The Model participants include 832 Acute Care Hospitals and 715 Physician Group Practices – a total of 1,547 Medicare providers and suppliers, located in 49 states plus Washington, D.C. and Puerto Rico. The model runs from October 1, 2018 through December 31, 2023.
CMS also released the fifth evaluation report for Models 2-4 of the original BPCI initiative. Overall, Medicare fee-for-service (FFS) payments decreased, but net Medicare spending increased due to reconciliation payments made to program participants being higher than the decline in FFS payments. Quality of care was maintained.
CMS findings at a glance are available here.
CMS model evaluation report is available here.
For more information visit the McDermottPlus Payment Innovation Resource Center or contact Sheila Madhani at 202-204-1459 or email@example.com.