CMS Creates Medicare Bundled Payment Initiative for Interested Providers
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The Centers for Medicare and Medicaid Services (CMS) has invited interested providers to “help test and develop” four different models of bundling payments. Under this initiative, CMS would link payments for multiple services patients receive during an episode of care. Three models involve a retrospective bundled payment arrangement and one model would pay providers prospectively. Nonbinding letters of intent must be submitted by Sept. 22 or Nov. 4, depending on the model that providers plan to pursue. Click here for detailed information on this initiative.
