The application period for the second cohort of participants in the Bundled Payments for Care Improvement Advanced (BPCI Advanced) Model is currently open and will close on June 24, 2019. The Centers for Medicare & Medicaid Services (CMS) is accepting applications via the BPCI Advanced Application Portal.
The second cohort of participants will start on January 1, 2020, which is Model Year 3. The BPCI Advanced will consist of 37 bundled clinical episodes – 33 inpatient and four outpatient. Model Year 3 will see the introduction of five new episodes, including outpatient Total Knee Arthroplasty (TKA).
CMS has indicated that is not planning any additional application opportunities for BPCI Advanced… so if you’re interested in participating, this may be your final opportunity to apply. And if you have questions about how bundled payments work, we invite you to request a free demonstration of the MedBen Analytics reporting platform.
MedBen Analytics has been delivering bundled payment insights to health systems since 2015. Whether you’re a current BPCI Advanced participant or plan to apply for the second cohort, we can help your organization realize the most value from bundled payments.
Our knowledge of Medicare data consolidation and analysis will provide you with the information necessary to make improvements through the patient journey while unlocking the profit potential of bundled payments. For additional information or to set up a demo, please contact MedBen President & CEO Kurt Harden at 888-633-2364 or email kharden@medben.com.
You can find additional information about BPCI Advanced and the application process by visiting the CMS Innovation Center.