Posts Tagged ‘Bundled Payments for Care Improvement’

Two Florida HHAs Selected by CMS for Initiative to Improve Care and Reduce Medicare Costs

February 1, 2013

Hundreds of Providers Selected to Participate in the Bundled Payments for Care Improvement Initiative

This week, the Centers for Medicare & Medicaid Services announced that over 500 organizations will begin participating in the Bundled Payments for Care Improvement initiative. Through this new initiative, made possible by the Affordable Care Act, CMS will test how bundling payments for episodes of care can result in more coordinated care for beneficiaries and lower costs for Medicare.

“The objective of this initiative is to improve the quality of health care delivery for Medicare beneficiaries, while reducing program expenditures, by aligning the financial incentives of all providers,” said Acting Administrator Marilyn Tavenner. (more…)