Archway Health Expands Advisory Team to Counsel Providers Participating in BPCI Advanced

In preparation for the October 1 launch of the new Bundled Payments for Care Improvement (BPCI) Advanced model from the Centers for Medicare & Medicaid Services (CMS), Archway Health has hired three additional team members to deliver one-on-one advisory support to healthcare organizations and providers preparing to launch their bundled payment programs. Archway is a preferred partner to specialists, hospitals, conveners and other healthcare associations and organizations participating in all of CMS’s bundled payment programs, including those who have applied to BPCI Advanced.

Managed Healthcare Executive: Four Ways Payers Can Advance Oncology Value-Based Pay

Key to making changes to cancer treatment is provider engagement, says Mah-Jabeen Soobader, PhD, chief analytics officer at Archway Health, which consults with providers, payers, and employers on value-based care programs.

She recommends tapping into physicians’ competitive nature and being transparent about the data associated with their performance when compared to other oncologists in their group or department. “Most times, they self-correct after looking at the data.”

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Cath Lab Digest: Bundles are Here. Where are the Opportunities?

On March 12th, 2018, CMS closed the 60 day enrollment period to apply for their voluntary BPCI-Advanced program. In a recent article by Cath Lab Digest provided by Terumo Business Edge, Archway Health's GM of BPCI-Advanced, Keely Macmillan, and MedAxiom Consulting's Vice President, Anne Beekman, discuss the opportunities in cardiology in BPCI Advanced. They talk about the two new outpatient cardiac procedures added to the program: percutaneous coronary intervention (PCI) and cardiac defibrillators. "If the goal for CMS and BPCI Advanced is to differentiate this new program by its encouragement of cost savings, quality, and coordination of care, the natural question may be, how much separation is there between cost and quality today? The data around this question might surprise you. Archway Health is an experienced BPCI convener; their analysis of Medicare fee-for-service claims reveals an average wage-adjusted cost for an outpatient PCI 90-day bundle of $15,900. If you are thinking that this cost must be located almost entirely in procedure costs, think again. Of the $15,900 spent during the outpatient PCI 90-day bundle, 30%, or $4,800, represents cost that occurred after the anchor PCI procedure." >> READ ON

 

 

Healthcare Finance News: Unsure about Bundled Payments for Care Improvement model?

The Centers for Medicare and Medicaid Services is reporting high interest in the new Bundled Payments for Care Improvement Advanced model that appears to be moving forward despite a request by the American Hospital Association to delay implementation citing a lack of operational detail, especially over target pricing.

CMS has held two information sessions on BPCI Advanced, the last one on Feb. 15. After the last session, CMS said it has received a high volume of inquiries on the model.

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Cardiovascular Business: Q&A: What do providers need to know about BPCI Advanced?

Since CMS announced its new Bundled Payments for Care Improvement (BPCI) Advanced Model on Jan. 9, healthcare providers have been trying to figure out whether the program is right for them.

On one hand, it gives health systems a chance to earn a 5 percent bonus through the Advanced Alternative Payment Model (AAPM) track of the Quality Payment Program (QPP). On the other, if a system doesn't meet benchmarks for high-value care, it will face financial penalties.

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Archway Health Introduces Archway Academy to Educate Providers on BPCI Advanced

The Centers for Medicare & Medicaid Services (CMS) recently announced the next generation of the Bundled Payments Care Improvement (BPCI) voluntary payment model, BPCI Advanced. The release of the updated program details officially opened a two-month enrollment window, set to close on March 12. To guide providers in this critical phase, Archway Health, a full-service tech-enabled bundled payment company, today unveiled Archway Academy, an online educational platform designed to help providers succeed in BPCI Advanced.

HealthLeader's Media: CMS Woos Providers With More Gains, Less Risk in Bundled Payments

A few days after CMS released the BPCI Advanced voluntary bundled payment model, industry sentiment remained positive. Our General Manager of BPCI Advanced, Keely Macmillan, talked to HealthLeader's Media about the enthusiasm surrounding the program. 

"Providers should be encouraged about the new BPCI Advanced program, as it provides more opportunities for upside revenue. CMS will now provide a limit to how much downside a provider can be responsible for by providing a 20% stop-loss of their total program size," she says. "Full target pricing details are still forthcoming from CMS, but we expect the new pricing model to be more inclusive.

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Healthcare Finance News: Providers pleased at most of what's in new voluntary bundled payment model

A few days after CMS released the BPCI Advanced voluntary bundled payment model, industry sentiment remained positive. Our General Manager of BPCI Advanced, Keely Macmillan, talked to Healthcare Finance News about the enthusiasm surrounding the program. 

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Skilled Nursing News: SNFs’ Place in New Bundled Payment Model Unclear

On January 9, 2018, CMS announced it's new voluntary BPCI Advanced bundled payment program. Yet, participation opportunities for SNF facilities were not clear. Our General Manager of BPCI Advanced, Keely Macmillan, told Skilled Nursing News, “For bundled payments to be successful, you need post-acute care engagement,” Macmillan said, pointing to the success that PAC providers have already seen in existing models. 

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Healthcare Dive: CMS launches new, voluntary bundled payment model

CMS released its new BPCI Advanced voluntary program on January 9, 2018. Our General Manager of BPCI Advanced shared our early thoughts on the new program with Healthcare Dive.  "There are still more details to come from CMS, but with open enrollment starting so soon, it’s now time for providers and organizations to prepare for participation," she said. 

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Letter to the Editor Featured In Modern Healthcare

Last October, CEO and Co-founder of Archway Health, Dave Terry, wrote a letter to the editor of Modern Healthcare regarding an article the organization published about providers' experiences with bundled payments. The article highlighted the value of bundled payments and growing popularity among surgeons. Dave's letter to the editor urges healthcare professionals to not only examine the value of bundled payments, but also to discover how to maximize effectiveness of the programs. 

Read the full article here