Posted on Monday, November 4, 2019 12:37 PM
CMS has released a new process for identifying and on-boarding patients who qualify for coverage under the Seriously Ill Population (SIP) payment model.
“[The SIP component] is aimed at promoting care for high need seriously ill population beneficiaries, who lack typically a primary care practitioner and more effective care coordination,” said Gary Bacher, chief strategy officer for the Center for Medicare & Medicaid Innovation, in an Oct. 31 CMS webinar. “We are expecting that [the SIP model patient population] will account for roughly 2% to 3% of Medicare beneficiaries. SIP is aiming to address situations where there’s either fragments that are siloed care, or lack of care management. And then the expectation is as these things are existing, we have higher health care costs, lower quality and lower patient satisfaction than otherwise would be necessary and we are seeking to improve that.”
Click here for the full article.
About Corridor
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.
