Update on the Number of Participants in BPCI Advanced for Model Year 2
After the March 1st deadline for Participants in the BPCI Advanced Model to terminate their participation completely or withdraw some of their Episode Initiators and/or Clinical Episodes, without any financial risk, we can report that the number of Participants for Model Year 2 remains robust at 1,086.
The Model Episode Initiators include 715 Acute Care Hospitals and 580 Physician Group Practices – a total of 1,295 Medicare providers. An updated list of Participants for Model Year 2, and the file that identifies the Episode Initiators and their Clinical Episode selections are now posted in the BPCI Advanced website.
BPCI Advanced qualifies as an Advanced Alternative Payment Model (Advanced APM) under MACRA, so participating providers can be exempted from the reporting requirements associated with the Merit-Based Incentive Payment System (MIPS) and potentially qualifying them for incentive payments.
The BPCI Advanced Model which is designed to improve quality and reduce costs for inpatient & outpatient care was publicly announced in January 2018, and runs from October 1, 2018 through December 31, 2023.
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