What is 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, 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, which can total up to 50% of the costs of an episode.