About This Blog
Welcome to Toward Accountable Payment, the official blog of the Medicare Payment Innovation Project. The project is an ongoing initiative to study provider payment reform and support organizations engaging in innovative payment programs.
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We've already received over 110 responses from senior health care executives to our 2013 Accountable Payment Survey—an ongoing benchmarking initiative to demonstrate where our industry stands in the move toward payment reform, and where its leaders expect to go in the coming years.
While the group appears similar in size and composition to the 2011 participant pool, initial data suggests that attitudes toward risk have changed significantly.
Survey results: Percentage of providers taking on risk doubled since 2011
Rob Lazerow and Aliya Noormohamed
Last week, HHS Secretary Kathleen Sebelius introduced a second round of Health Care Innovation Awards, which will provide up to $1 billion in grant funding to support projects designed to lower costs and improve care delivery for Medicare, Medicaid, and Children's Health Insurance Program enrollees.
In the first round of funding, 107 awardees received nearly $900 million to implement proposed initiatives. Read "Health Care Innovation Challenge: Key Takeaways from 107 Awardees" for our full analysis of the first round of grant awardees.
CMS announces second round of innovation grant funding
Yesterday, the Center for Medicare and Medicaid Innovation (CMMI) announced two significant changes to its largest accountable payment program, the Bundled Payments for Care Improvement (BPCI) initiative. There are currently more than 450 providers slated to participate in the program, which reimburses entire episodes of care—in some cases including all related physician services, readmissions, and post-acute care—at a single rate.
BPCI update: Three-month delay, fewer metrics to report