Congressional spending plan: What’s in it for healthcare, and what isn’t
Chief Healthcare Executive December 21, 2024
CMS extends hip and knee replacement model for 3 years
Fierce Health Payers May 1, 2021
The Biden administration has extended through 2024 a bundled payment model that aims to lower costs and improve quality for hip and knee replacements.
The Center for Medicare and Medicaid Innovation (CMMI) announced on Thursday a final rule that extends the model for another three performance years through Dec. 31, 2024. The rule also makes some adjustments to price calculations.
The Comprehensive Care for Joint Replacement model aims to pay providers based on total episodes of care for hip and knee replacements to curb costs and improve quality.
Hospitals in the model that meet spending and quality thresholds can get an additional Medicare payment. But hospitals that don’t meet targets must repay Medicare for a portion of their spending.
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Topics: Bundled Payments, CMS, Govt Agencies, Insurance, Medicare, Payment Models, Provider, Value Based