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The Centers for Medicare and Medicaid Services (CMS) and Center for Medicare and Medicaid Innovation (Innovation Center) released a new voluntary episode payment model, Bundled Payments for Care Improvement (BPCI) Advanced program in January, 2018 with a deadline of March 12, 2018 to apply. The initiative aims to build upon previous bundled payment programs to improve the quality of care for Medicare patients while reducing healthcare costs. The program begins October 1, 2018 with the next opportunity to enroll in 2020.
Performance Solutions has applied as a convener, on behalf of hundreds of physician groups and hospitals to bear the administrative burden for customers and provide the tools, guidance and best practices to drive success under the program.
Performance Solutions partnership and success in the initial BPCI program and with CJR customers nationwide has led to the development and continuous enhancement of data analytics capabilities and care coordination tools that allow easier management of the episode of care.
What is a bundled payment? learn more
Comprehensive project management
BPCI compliance support
Care Coordination and Patient Engagement - RecoveryCOACH™: a web-based platform
Episode Data Collection and Analytics - Episode Performance Manager®
800+ hospitals in the 67 Metropolitan Statistical Areas (MSAs) under the mandatory bundled payment model for Total Joint Replacement of the lower extremities need to outperform regional hospitals year over year. Leveraging episode data to align care providers, clinical protocols and care pathways in a patient-centric model will drive success under CJR. Reducing variation and driving transformation in care delivery across your entire total joint episode will take provider alignment and collaboration. When quality of care improves, variation and cost reductions across the episode are recognized.
Our implementation programs are designed to maximize results and reduce risk under CJR.
Implementing optimal payment and risk-based strategies is crucial when shifting away from traditional fee-for-service payment models toward value- and risk-based models. Today’s payors (both Medicare and commercial) are looking to share in the risk of providing care for patient populations with providers in return for potential upside reward.
Physician - hospital - payor alignment is necessary for the development and implementation of a viable and sustainable risk-based strategic plan.
Performance Solutions will help develop bundled payment strategies, develop and execute Accountable Care Organizations (ACO’s), develop gainsharing agreements and organize Clinically Integrated Networks (CIN's).
Starting bundled payment programs with the hospitals and physicians in your market may drive necessary cost savings. Embracing bundled payments is a commitment to developing and implementing comprehensive systems of care that continue for the duration of the bundle and the overall improvement in quality of care for patients.
Performance Solutions is experienced in all of the CMS bundled payment programs, including as a BPCI Awardee Convener, and is now working with hospitals, physician groups and private payers on commercial bundled payments. Performance Solutions has the expertise, support teams and data analytic solutions to address the four critical bundled payment success factors: understanding your data; re-designing care; aligning the physicians; and engaging the patients. The right support and tools in the hands of your bundled payment partners will drive efficiency and cost reduction across the entire value chain - there is no need to reinvent the wheel.
The Performance Solutions team is excited to work with you to customize or co-develop new programs to meet your specific needs.