The Centers for Medicare and Medicaid Services (CMS), through its Innovation Center, released a new voluntary bundled payment model on Jan. 9 called Bundled Payments for Care Improvement Advanced (BPCI Advanced). This model is intended to build on the lessons from the current Bundled Payments for Care Improvement model that will conclude later this year. BPCI Advanced will qualify as an Advanced Alternative Payment Model (Advanced APM) under the Quality Payment Program (QPP) in 2018. Qualified participants (based on either patient counts or payment) are eligible for a five percent bonus in payment years 2019 through 2024. Under the Medicare Access and CHIP Reauthorization Act (MACRA), Advanced APMs must include the use of certified electronic health records, use quality measures similar with those in the Merit-based Incentive Payment System (MIPS) and bear financial risk.
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