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Medicare Compliance & Reimbursement

Part B Payment:

CMS Unveils Bundled Payments Initiative

Published on Sun Aug 21, 2011

Under the new program, physician's pay for a hospital procedure would be bundled with hospital charges. CMS wants to take medical practitioners' collaboration to a whole new level with its new Bundled Payments for Care Improvement initiative, which it announced on Aug. 23. Under the program, CMS would bundle together all payments for services that take place during a single episode of care (for instance, a hip replacement) -- which would mean the end of separate payments for hospitals, physicians, and other clinicians who provide care to patients during the same episode. CMS believes that bundling payments would result in better care for patients by reducing duplicate services and preventing medical errors, all while saving money. "Patients don't get care from just one person -- it takes a team, and this initiative will help ensure the team is working together," said HHS Secretary Kathleen Sebelius in an Aug. 23 statement. "The Bundled [...]
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