Bundled payments create incentives for providers and practitioners to work together to coordinate care and engage in continuous improvement to keep spending under a target amount, CMS said. Participants in BPCI Advanced may receive payments for performance on 32 different clinical episodes; the program will qualify as an Advanced Alternative Payment Model (Advanced APM) under the Quality Payment Program, according to the agency.
A model performance period for the program will start on October 1 of this year and run through December 31, 2023. More information about BPCI Advanced can be found here, and CMS plans to hold a question and answer teleconference about the new model on January 30.
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