Another Chance with BPCI Advanced
BPCI Advanced is the next generation of the original Bundled Payments for Care Improvement (BPCI) initiative created by Medicare, and a further progression of the value-based healthcare movement.
BPCI Advanced qualifies as an Advanced Alternative Payment Model (Advanced APM) under the MACRA Quality Payment Program.
The Centers for Medicare & Medicaid Services announced that it intends to open the application window for the second, and last, BPCI Advanced cohort in April 2019. The second cohort will begin the program on January 1, 2020.
Prepare for the next round and read our thoughts about BPCI Advanced on our blog.
considering applying to bpci advanced?
The next step is analyzing your data and discovering your opportunity.
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Selecting a BPCI Advanced Partner
Selecting the right partner to help manage BPCI Advanced is key to success. That’s why we’re glad to offer a list of considerations to help you make an informed decision.
GET THE TOOLS AND TIPS TO SUCCEED IN BPCI ADVANCED
There is no time to waste in applying and preparing for BPCI Advanced.
We developed Archway Academy to answer the questions many clinicians still have about the program:
Are they right for me?
How do I know it will work?
What can I expect as a return?
How much does it cost?
Does it make care better?
When, where, and how do I apply?
Learn more about Archway Academy.
BPCI Advanced, like other bundled payment programs, rewards clinicians for improving outcomes and lowering costs. Providers will be given an all-inclusive bundle price to cover the inpatient and post-acute care costs during an episode of care. With control of the entire episode, providers have the opportunity to earn additional revenue by improving care management to reduce post-acute costs and readmissions.
Current program characteristics include:
A single retrospective bundled payment and one risk track, with a 90-day Clinical Episode duration
29 Inpatient Clinical Episodes
3 Outpatient Clinical Episodes
Qualifies as an Advanced APM
Payment is tied to performance on quality measures
Preliminary Target Prices provided in advance of the first Performance Period of each Model Year
Contact us to learn more about BPCI Advanced.