By Mark Hiller, vice president of bundled payment services, Premier
Premier commends the Centers for Medicare & Medicaid Services (CMS) Innovation Center for launching the next generation voluntary bundled payment model to foster greater innovation and collaboration across the care continuum. As a Bundled Payments for Care Improvement (BPCI) convener and advisor to providers in the Comprehensive Joint Replacement (CJR) and Oncology Care Models, Premier has worked with more than 200 hospitals and physician groups across the nation to improve costs and patient outcomes. The new Model, BPCI Advanced (or the Model), can build on the progress made under the BPCI program to improve quality and reduce costs.
We are also extremely pleased that BPCI Advanced will support participation as an alternative payment model (APM) under MACRA’s Quality Payment Program, providing an extra incentive to participate in the program. The Model is essential for APMs and qualifying eligible clinicians to earn the Quality Payment Program’s five percent bonus.
The announcement of BPCI Advanced signals CMS’s commitment to continuing value-based care delivery initiatives. Premier supports voluntary models as they allow providers to choose the most appropriate option for their populations. We look forward to working with CMS and our provider members that choose to participate in the Model this year. Premier experts support providers using specific analytics designed for bundled payments and implementation resources to enable success.
— Mark Hiller, vice president of bundled payment services, Premier
About Premier Inc.Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,900 U.S. hospitals and health systems and approximately 150,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier, a Malcolm Baldrige National Quality Award recipient, plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.