On January 9th, the Centers for Medicare and Medicaid Services (CMS) announced a new voluntary bundled payment model: Bundled Payments for Care Improvement (BPCI) Advanced. The new model will serve as the continuation of the existing BPCI Models 2-4, which are due to expire after September 30, 2018. BPCI Models 2-4 test retrospective bundled payments for 48 inpatient clinical episodes that participants may choose from. BPCI Advanced will abbreviate the list of eligible inpatient episodes to 29, but will add three outpatient episodes.
CMS will accept applications for BPCI Advanced from January 11th through March 12th. Please note that there will not be another application opportunity until January 2020. More information, including a link to the Application Portal, is available here.