By Deborah Gersh, Michael Lampert and Josef Weimholt (February 5, 2018, 6:00 PM EST) -- On Jan. 9, 2018, the Centers for Medicare & Medicaid Services Center for Medicare and Medicaid Innovation (CMMI) announced a new voluntary bundled payment model called "Bundled Payments for Care Improvement Advanced" (BPCI Advanced). CMS is accepting applicants through March 12, 2018, and the new model will begin on Oct. 1, 2018, when the current Bundled Payments for Care Improvement (BPCI) initiative expires. CMS anticipates that the model will run through Dec. 31, 2023.
Key Features and Program Logistics
Overview: As with the original BPCI and other bundled payment reimbursement models, the goal of BPCI Advanced is to incentivize financial accountability,...
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