CMS Accepting More Bundled Payment Model 1 Applications

CMS has announced an open period for more applications from hospitals to take part in the Bundled Payments for Care Improvement initiative's Model 1.

The BPCI initiative includes four models, which differ based on types of healthcare providers involved and the services in the bundle. CMS announced more than 500 organizations as initial BPCI initiative participants in January, but just 32 of them were participating in Model 1.

Model 1 defines an episode of care as the inpatient stay at an acute-care hospital. Organizations interested in participating need to submit a Model 1 Open Period Information Intake form to CMS by July 31.

More Articles on Bundled Payments:

Health Plan Survey: ACOs to be Most Widespread Value-Based Model
4 Considerations for Hospital Bundled Payment Programs
4 Key Considerations for Transitioning to Bundled Payments

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