Newsletter Articles | July 29, 2016
Are Bundled Payments Working? An Evaluation Of The Medicare Bundled Payments For Care Improvement (BPCI) Initiative
The Bundled Payments for Care Improvement (BPCI) initiative is designed to test whether bundled payments can reduce Medicare’s costs while maintaining or improving the quality of care. The three-year initiative (which may be extended by up to two years) links payments for services related to an episode of care that is triggered by a hospitalization. BPCI participants may benefit financially from providing services in the bundle more efficiently and are at risk if their costs for the bundle are higher than a historical benchmark. The Lewin Group, with its partners, Abt Associates, Inc., GDIT, Telligen, and Optum, is . . .