Succeeding in at-risk alternative payment models requires cost transparency awareness at the point of specialist care initiation and subsequent post acute care management. That knowledge translates to narrower spend variations in episode-of-care delivery within patient populations matched by disease severity. BPCI can prove to be a significant first step engagement in at risk contacting prior to the proposed CMS mandatory episodes and value-based referrals impacting specialist group practices in the coming years.
💡Value-Based Care Fact: The Bundled Payments for Care Improvement (BPCI) Advanced Model saved $465 million in Medicare spending in 2021, according to the Centers for Medicare & Medicaid Services. Supporting alternative payment models like the BPCI Advanced Model is key to improving patient care while reducing Medicare spending. More from JD Supra: https://bit.ly/3yZ516h #APM #ValueBasedCare #Medicare
Senior Director, Physician Engagement
1moThanks for that share Will