|« Revised SBC Template Required for Employer Plans||Snooze You Can Use »|
On March 21, the Centers for Medicare and Medicaid Services delayed the expansion of the Comprehensive Care for Joint Replacement (CJR) as well as the implementation of cardiac bundled payment initiatives. This marks the second such postponement of these mandatory programs in as many months.
According to a statement by the Department of Health & Human Services (HHS), the reason for the delay is "to allow time for additional review" and modifications if necessary, and to ensure participants understand the rules.
At MedBen Analytics, we believe that a program works best when all participants are fully engaged in its success. And while we work with hospitals who participate in voluntary programs like the Medicare Bundled Payments Care Initiative (BPCI) as well as in mandatory models like CJR - and have in both instances received positive feedback about our reporting portal and the resultant savings - we think that the decision to implement a value-based payment program is best left to providers, not to the government.
MedBen Analytics was created to give providers the insights they need to improve performance - and our goal is win clients by proving that the bundled payment model saves clients time and money over traditional fee-for-service. If you ever have questions about how our services can benefit your business, please call MedBen President & COO Kurt Harden at 888-633-2364 or email email@example.com.