Tips on Transitioning to Value Based Care and Medicare Bundled Payments
The fee-for-service model of payment can be effective, but it does have its limitations and drawbacks, for both practitioners and patients. Within this system, each treatment is billed and paid for individually, which can often incentivize the treatment center to offer additional services. While not causing harm, the treatments may not be strictly necessary. As […]
How the Bundled Payments for Care Improvement Initiative (BPCI) is Making Healthcare More Efficient
What is BPCI? The Center for Medicare and Medicaid Services (CMS) recently released the Bundled Payments for Care Improvement Initiative Advances (BPCI Advanced). The CMS Innovation Center launched this initiative with the goal of improving the value of care delivered and rewarding healthcare providers that invest in innovative practice and redesign. BPCI Advanced is a […]