CMS recently announced the launch of a new voluntary bundled payment model called, Bundle Payments for Care Improvement Advanced (BPCI Advanced). In BPCI, participants will be expected to redesign care delivery to keep Medicare expenditures within a defined budget while maintaining or improving performance on specific quality measures. Participants bear financial risk, have payments under the model tied to quality performance, and are required to use Certified Electronic Health Record Technology. By meeting these requirements, the model qualifies as an Advanced APM. The model Performance Period for BPCI Advanced starts on October 1, 2018 and runs through December 31, 2023. The application period for this model is now open and will run from January 11 – March 12, 2018.
The CMS Innovation Center will be holding a second Open Door Forum to answer questions regarding the BPCI Advanced Model and the Application Process on Thursday, February 15, 2018 from 12 pm – 1 pm EST. This event is open to those who are interested in learning more about the model. Additional information and registration access are now available. The audio file and transcript of the first Open Door Forum held on January 30th is now available.
More information is available on the BPCI Advanced website.
