Posted on Thursday, November 2, 2017 1:32 PM
Three years in a row, no one can determine if Medicare Bundled pay initiative cuts costs while improving care.
The CMS funded research showed providers were starting to reap the benefits of the Bundled Payments for Care Improvement initiative, but no one knows if it stems from the program.
“The group looked at BPCI data from late 2013 to fall 2015, and found that Medicare payments for joint replacements decreased an average of $1,273, or 4.5%, per case. Congestive heart failure spending also dropped by an average of $970 per case, or 3.6% lower than the baseline.”
The findings are disappointing as BPCI is the leading source to assess the change from Medicare fee-for-service to one that is based on quality.
For the full article, please click here.
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.
