Earlier this month, the Centers for Medicare and Medicaid Services (CMS) announced the launch of a new voluntary bundled payment model called Bundled Payments for Care Improvement Advanced (BPCI Advanced), which is available to organizations in Region 5.
The application period for this model is now open and will run from January 11 - March 12, 2018.
BPCI Advanced builds upon lessons learned from current and previous CMS models, demonstrations, and programs. Participation in BPCI Advanced is voluntary and the model will start on October 1, 2018 and run through December 31, 2023. The goal of the model is to better support health care providers who invest in practice innovation, care redesign, and enhanced care coordination. In addition, BPCI Advanced will qualify as an Advanced Alternative Payment Model (Advanced APM), as well as a Merit-Based Incentive Payment System APM (MIPS APM) for select Participants beginning in 2019, under the Quality Payment Program.
More information is available by visiting the BPCI Advanced website.
Upcoming events to learn more:
- BPCI Advanced Open Door Forum, January 30, 12 - 1 PM EST. Register here!
- BPCI Advanced Open Door Forum, February 15, 12 - 1 PM EST. Register here!
General questions about BPCI Advanced can be submitted to BPCIAdvanced@cms.hhs.gov