Financial Management

CMS Extends Deadlines for Model 1 of Bundled Payment Initiative

CMS extended deadlines for Model 1 of its Bundled Payment for Care Improvement program, as non-binding letters of intent are due Oct. 6 and applications are due Nov. 18, according to an update on the CMS Innovation website.

By: Staff

Friday, September 16th, 2011

Previously, letters of intent were due Sept. 22 while applications were due Oct. 21. No reason was given for the extension.

Model 1 is for the inpatient stay only for acute-care hospitals and involves a retrospective bundled payment arrangement.

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