naviHealth
Voluntary Bundled Payment Models in Healthcare
Pages
2
Time to read
4 mins
Publication
Language
English
Pages
2
Time to read
4 mins
Publication
Language
English
This document is a guide discussing the role of voluntary bundled payment models in the current healthcare landscape. It outlines the significance of these models in promoting value-based care, emphasizing their potential to enhance quality and reduce costs for patients. The guide details the support from the current administration for initiatives such as Bundled Payments for Care Improvement (BPCI) and Accountable Care Organizations (ACOs), which allow providers to transition to value-based care at their own pace. It highlights the recent changes proposed by CMS regarding the Comprehensive Care for Joint Replacement (CJR) model and the cancellation of mandatory Episode Payment Models (EPMs), indicating a shift towards voluntary bundles. The document also presents the anticipated benefits of these models, including reduced readmissions and improved patient outcomes, while encouraging providers to engage in these programs to meet MACRA requirements. Additionally, it suggests that hospitals adopt a data-driven approach to select episode groups for participation, ensuring alignment with high-value providers.