200+ Health & Long-Term Care Provider Organizations Sign Up For Medicare Bundled Payment Initiative
200+ Health & Long-Term Care Provider Organizations Sign Up For Medicare Bundled Payment Initiative
On January 30, 2014, the federal Centers for Medicare and Medicaid Services (CMS) announced that 232 acute care hospitals, skilled nursing facilities (SNF), physician group practices, long-term care hospitals, and home health agencies have entered into agreements to participate in the Bundled Payments for Care Improvement (BPCI) initiative. Under the three-year BPCI, the participating provider organizations receive a single payment for all services provided to Medicare beneficiaries during a single episode of care. The participating organizations were able to choose from 48 different . . .