Nearly 1,300 entities, including 832 acute-care hospitals, have signed agreements to participate in the new Bundled Payments for Care Improvement (BPCI) Advanced model, according to a list of participants released by the Centers for Medicare & Medicaid Services (CMS).
CMS introduced the model in January; it builds on the previous BPCI model that ended in September.
The BPCI Advanced model bundles payments for certain episodes of care as an alternative to fee-for-service payments. The new voluntary model is intended to promote value in care delivery. The new model runs from Oct. 1, 2018, through Dec. 31, 2023.
Contact Senior Director of Policy Erin O’Malley at firstname.lastname@example.org or 202.585.0127 with questions.