Moving Forward: The Bundled Payments for Care Improvement Initiative

CMS has announced the participants for Models 2 through 4 of the Bundled Payments for Care Improvement Initiative (BPCI).  Models 2 and 3 involve a retrospective bundled payment arrangement where actual expenditures are reconciled against a target price for an episode of care.   Model 4 involves a prospective bundled payment arrangement, where a lump sum payment is made to a provider for the entire episode of care.

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