Jul 12

Understanding Medicare’s New Bundled Payments for Care Improvement Initiative

By MD for Seniors

What are the benefits of the Bundled Payments for Care Improvement Initiative?

Usually even for a single treatment, Medicare makes separate payments. However, a new proposal called the Bundled Payments for Care Improvement initiative, created by the Center for Medicare and Medicaid Innovation, can provide fragmented care in a simplistic form across the health care setting. According to researchers at the Department of Internal Medicine at the University of Michigan, this approach encourages cost-efficiency and coordination between providers.

What is the Bundled Payments for Care Improvement Initiative?
According to the Centers for Medicare and Medicaid Services, the BPCI provides four …read more

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