2013 begins the Bundled Payments for Care Improvement (BPCI) Initiative. The organizations participating in BPCI were announced on January 31, 2013. Under the BPCI, organizations agree to payment arrangements that include financial and performance accountability for episodes of care. The ideal outcome of the program is higher quality care and lower cost of care to the Medicare program.
There are 4 models of bundled payments and 48 defined episodes of care. The various models define different levels of integration of facility and provider payments.
Click here to read more detail about the models and episodes of care in the BPCI.
