Providers await drop-out numbers for BPCI Advanced
Healthcare Finance News March 4, 2019
There’s pent-up demand to get into the model but first providers want to see if other participants are staying in.
Friday, March 1, was the deadline for providers in the bundled payments for care improvement advanced model to drop-out of the voluntary program.
The Centers for Medicare and Medicaid Services allowed providers to drop-out retroactively, if they found they were not meeting financial targets since starting the program on October 1, 2018.
CMS is expected to release an updated list of BPCI Advanced participants this spring.
Dave Terry, co-founder and CEO of convener Archway Health in Boston, said he expected about 25 percent to a third of his BPCI advanced clients to drop-out. Of the three-quarters staying in the program,...