CMS announces additional participants for bundled payment initiative

Editor's Note

The Centers for Medicare & Medicaid Services announced on August 13 that 360 more organizations have entered into agreements to assume financial risk for an episode of care during the second phase of the Bundled Payments for Care Improvement Initiative.

The initiative is testing four bundled payment models tied to inpatient hospital admissions.

Date 2015-08-13 Title CMS announces additional participants in pilot project to improve care and reduce costs for Medicare Contact go.cms.gov/media CMS announces additional participants in pilot project to improve care and reduce costs for Medicare Over 2,100 participants in performance period of Bundled Payments for Care Improvement initiative The Centers for Medicare & Medicaid Service (CMS) today announced that over 2,100 acute care hospitals, skilled nursing facilities, physician group practices, long-term care hospitals, inpatient rehabilitation facilities, and home health agencies transitioned from a preparatory period to a risk-bearing implementation period in which they assumed financial risk for episodes of care.