On January 9, the Centers for Medicare & Medicaid Services announced the launch of a new voluntary bundled payment model, Bundled Payments for Care Improvement Advanced (BPCI Advanced). The new model will qualify as an advanced alternative payment model (APM) under the Medicare Access and Chip Reauthorization Act (MACRA), which makes participants eligible to receive performance-based bonuses.The new model is the first advanced APM introduced by the Trump administration. Providers who participate in the model will choose from among 32 different clinical care episodes and be paid based on quality performance during each 90-day episode of care. The deadline to apply to participate is March 12, 2018, and the Model Performance Period starts on October 1, 2018 and runs through December 31, 2023. More information on BPCI Advanced may be found on the CMS website.
Introduction of the new, voluntary model comes less than two months after two mandatory bundled-payment models introduced during the Obama administration were canceled, as discussed here.