The Centers for Medicare & Medicaid Services is accepting applications through June 24 to participate in its second cohort of the Bundled Payments for Care Improvement Advanced Model, which will start in January 2020. CMS does not plan any additional application opportunities for the model, an Advanced Alternative Payment model that launched last October and will run through 2023. Participants assume risk for patients' health care costs and can qualify for incentive payments and exemption from reporting requirements under Medicare's Quality Payment Program for clinicians if they meet certain quality and other requirements. Acute-care hospitals and physician group practices may apply as non-conveners, meaning they initiate clinical episodes under the model, or as conveners, meaning they bear risk for multiple downstream clinical episode initiators. Post-acute care providers and accountable care organizations may apply to participate as conveners. For more on the model, visit https://innovation.cms.gov/initiatives/bpci-advanced.

Related News Articles

Headline
The AHA May 1 expressed concerns (LINK) to the Centers for Medicare & Medicaid Services about the payment process established under the Medicare…
Headline
The Supreme Court April 29 ruled 7-2 in favor of the Department of Health and Human Services in a case that challenged how HHS applied Congress’ formula for…
Headline
Senate Health, Education, Labor, and Pensions Committee Chairman Bill Cassidy, M.D., R-La., today released a report detailing findings from an investigation…
Headline
The AHA April 18 filed friend-of-the-court briefs in three cases in support of Louisiana's 340B contract pharmacy law that prohibits drug companies from…
Headline
A Minnesota state court April 15 dismissed a lawsuit filed by PhRMA challenging the state’s law protecting 340B pricing for contract pharmacy arrangements. The…
Headline
The White House April 15 released an executive order directing federal agencies to undertake a broad range of tasks aimed at reducing the costs of prescription…