In January, just months after rolling back several mandatory bundled payment programs, CMS announced a new voluntary bundled payment initiative. The design of the Bundled Payments for Care Improvement Advanced (BPCI Advanced) program has not only spurred renewed interest in episodic cost management, but has also changed the way organizations are viewing bundled payment "conveners" in light of the immediate transition to downside risk and complex implications related to MACRA.
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