The CMS' new voluntary bundled-payment model appeals to health systems and physicians because of the potential to reap financial bonuses and because it offers greater flexibility.
The Bundled Payments for Care Improvement Advanced model, unveiled last week, will be considered an advanced alternative payment model under the Medicare and CHIP Reauthorization Act, allowing participating physicians to qualify for a 5% bonus payment. They can choose just one of 32 clinical care episodes to apply to the model.
"When we talked to health systems and physician groups, they were looking forward to this model," said Clay Richards, CEO of naviHealth, a division of Cardinal Health.