How to Address Bundled Payment Cost Reduction Challenges

(By – Jacqueline DiChiara , revcycleintelligence.com)

As per the Affordable Care Act (ACA), the Centers for Medicare & Medicaid Services (CMS) will begin applying a value-based payment program under the physician fee schedule within the year in association with budget neutrality. This November, CMS is hosting a conference to discuss plans to shift half of Medicare payments to value-based models within the next 3 years. CMS allows physicians and medical practice groups to garner more information about their resource use and cost algorithms related to care quality as per the ACA, as RevCycleIntelligence.com reported. Read more…

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