This must-read infographic offers insight into the significant changes coming to Medicare’s bundled payment model, Bundled Payments for Care Improvement Advanced (BPCI-A), in January 1, 2024. Here, we will explore some of the contributing factors leading to this change, things you must know, and how it will improve patient outcomes overall.
The Basics: What is BPCI-A?
To quote CMS, the Bundled Payments for Care Improvement Advanced (BPCI-A) model aims to “support healthcare providers who invest in practice innovation and care redesign to better coordinate care and reduce expenditures, while improving the quality of care for Medicare beneficiaries.” This mandatory payment plan will be increasing clinician responsibility for patient costs and population health management.
Factors Leading to 2024 BPCI-A Payment Model Change: