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CMS announces voluntary bundled-payment program

The CMS on Tuesday launched the Bundled Payments for Care Improvement Advanced model, a voluntary bundled-payment program that will reward participating health care providers if they can keep costs for a given 90-day episode of care under a target threshold while maintaining quality. The model, which will begin Oct. 1 and continue through Dec. 31, 2023, includes 32 different clinical episodes, including some for outpatient care, and it will qualify as an advanced alternative payment model under the Medicare Access and CHIP Reauthorization Act.

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