New Providers Agree To Try Medicare’s Bundled-Payment Initiative, but Many Others Drop Out
New providers signed up to try Medicare's test of bundled payments in July, but about two-thirds of the providers who considered bundled-payment contracts with Medicare ultimately decided against it. About 7,000 providers agreed to consider bundle-payment contracts with Medicare, but only about 2,100 ultimately entered into such arrangements. On Thursday, CMS announced that 360 organizations and an additional 1,755 hospitals, long-term and post-acute care companies and medical groups had agreed to bundled-payment contracts.
- "Medicare's Voluntary Bundled-Payment Program Grows, but Many Providers Opt Out" (Evans, Modern Healthcare, 8/13).