Bundled Payment
Late July 9, the Centers for Medicare & Medicaid Services proposed a new payment model that would bundle payment to acute care hospitals for hip and knee replacement surgery the Comprehensive Care for Joint Replacement (CCJR) model.
Bundled payment, where providers are reimbursed a set fee for an episode of care, would break down current payment silos and reward providers for improving the coordination, quality and efficiency of care.
On August 23, the Centers for Medicare & Medicaid Services' (CMS) Center for Medicare and Medicaid Innovation (CMMI) unveiled its Bundled Payments for Care Improvement Initiative.
An AHA research synthesis report presents an overview of bundled payment, including evidence of its impact in the public and private sector. Before bundled payments are implemented, these key considerations must be addressed: