More Than 15 Percent of Providers Depart BPCI Advanced
HFMA March 22, 2019
CMS MOVED UP THE ENROLLMENT PERIOD FOR PROVIDERS THAT WANT TO START IN THE MEDICARE BUNDLED PAYMENT PROGRAM IN 2020.
One in seven providers in the largest Medicare bundled payment model left after five months, new data reveal. But that may be good news for the program.
The Centers for Medicare & Medicaid Services (CMS) disclosed that 117 hospitals (14 percent) and 135 physician practices (19 percent) left Medicare’s Bundled Payments for Care Improvement Advanced (BPCI Advanced) program by March 1.
As part of the five-year payment model, the 1,299 hospitals and practices that joined for the Oct. 1, 2018, launch had a one-time opportunity to drop out at the beginning of this month for any reason.
BPCI Advanced “continues...