Posted on Monday, August 24, 2015 4:06 PM
According to a new analysis, skilled nursing facilities (SNFs) make up two-thirds of providers participating in a bundled payment pilot program. Research from Avalere shows that that 1,755 providers will participate in “Phase 2” of CMS’ Bundled Payments for Care Improvement Initiative. Approximately 1,350 providers entered the second phase of the initiative by the July 1 deadline; of those providers, 896 are SNFs. The BPCI pilot tests providers’ ability to save money by bundling payments for certain conditions. During Phase 2, providers accept financial risk, and must also cover extra charges if a patient’s treatment costs more than a pre-determined amount. The number of providers accepting risk is growing. However, many have also opted out with the total number of providers entering Phase 2 at just 27% of those that originally expressed interested in the pilot program. Click here to read more.
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