According to a Proposed Rule released on August 10, Medicare's next iteration of voluntary bundled payments will be an Advanced APM in 2018, opening the door for robust participation. The Proposed Rule, if implemented in January 2018, would cancel the Mandatory Cardiac Episode Payment Models and make participation voluntary in the Comprehensive Care for Joint Replacement model for half of selected Metropolitan Statistical Areas (MSAs) and for low-volume and rural hospitals.
Remedy Partners Prepares Providers for CMS’s New BPCI Advanced Program
January 12, 2017
Deadline to participate in Bundled Payments for Care Improvement Advanced program is March 12, 2018
DARIEN, Conn.--(BUSINESS WIRE)--The Centers for Medicare and Medicaid Services (CMS) unveiled its Bundled Payments for Care Improvement Advanced (BPCI Advanced) program, and Remedy Partners is now preparing providers as the March 12, 2018 deadline approaches. Remedy Partners is the nation’s leading bundled payment company and largest Awardee Convener in the existing BPCI program.
Remedy in the News
Remedy Partners Prepares Providers for CMS’s New BPCI Advanced Program
Business Wire | January 12, 2018
Bundled Payment Report Illustrates Increased Demand for Home Health
Home Health Care News | November 2, 2017
Remedy Partners names EVP of commercial business lines: 3 things to know
Becker's Hospital Review | November 1, 2017
Remedy Partners Announces that One Hundred Percent of its Hospital Partners Achieve Positive Net Payment Reconciliation Amount (NPRA) in Bundled Payment Initiative
Medicare’s voluntary BPCI program’s financial results reveal positive NPRA for 100 percent of Remedy Partners’ engaged hospitals and 81 percent of its partner clients
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Medicare Underscores Its Focus on Voluntary Bundled Payment Models
Remedy CEO Carolyn Magill Cites Bundles as a Catalyst for Systemic Change
The spotlight was on bundled payments this week as CMS delayed the mandatory implementation of bundled payment initiatives for cardiac care and the expansion of the Comprehensive Care for Joint Replacement bundled payment pilot project. The delay, which was consistent with HHS Secretary Tom Price’s known objections to mandatory initiatives, allowed proponents of the Bundled Payment for Care Improvement initiative (BPCI) program, like Remedy Partners CEO Carolyn Magill, to reinforce the program’s success to date.
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The 6 Steps to CJR Success
To be successful in this program, you will need to optimize your day-to-day workflow, ensuring that your patients receive better care at a lower cost. We at Remedy Partners believe that there are 6 Steps to Success.
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There's No Place Like Home
SNF Readmission and Mortality Risk Versus Discharges to Home
Co-Authored by Steve Wiggins, Brittain Brantley, Mary Dittrich, MD, Marina Burke, NP, Win Whitcomb, MD
Evidence is growing that patients fare comparatively well when choosing to go home after a hospitalization, versus being admitted to a post acute facility. Patients discharged to
their homes have readmission and mortality risk that is equivalent and possibly lower than patients with similar conditions who are discharged to skilled nursing facilities (SNFs) or other post acute facilities. Remedy’s own research, as well as studies published by the American Heart Association and the American Journal of Medicine, provides encouraging evidence to support discharges to home for challenging patients.
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Medicare Signals Permanent Moves Toward Episodic Accountability
Remedy helps older Americans recover from hospital stays through aligned provider incentives, care coordination services, information sharing, software integration and transitional care networks.