Deadline for CMS' Bundled Payment Initiative Approaching

The deadline for health systems and other providers to submit letters of intent to participate in models 2, 3 and 4 of CMS' Bundled Payments for Care Improvement initiative is this Friday, Nov. 4.

Organizations that submit letters of intent can request historical data from CMS for hospital, physician and post-acute provider claims. CMS will cover the cost of providing this data, which typically costs several thousand dollars, noted Jonathan Pearce, Principal, Singletrack Analytics, in a blog post.

According to Mr. Pearce, "Viewing and analyzing this data with the respective providers can contribute to a more data-based conversation about patient care with these providers.  Access to this data should provide value to a hospital even if it doesn't subsequently decide to participate in this program."

To download the letter of intent forms for the various models, click here.

Related Articles on Bundled Payments:

Opportunities in the New Bundled Payment Initiative
HHS Announces New Bundled Payment Initiative

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