Beebe Healthcare selected as BPCI Advanced first-round participant

Beebe Healthcare announced its recent acceptance into the Bundled Payments for Care Improvement Advanced Model by the Center for Medicare and Medicaid Innovation. Innovative models of care such as BPCI Advanced can motivate healthcare providers to furnish services efficiently, to better coordinate care, and to improve the quality of care.

Last January, the Center for Medicare and Medicaid Innovation, part of the federal Centers for Medicare & Medicaid Services, announced a new voluntary episode payment model, Bundled Payments for Care Improvement Advanced, that will test a new iteration of bundled payments for 32 clinical episodes and aim to align incentives among participating healthcare providers for reducing expenditures and improving quality of care for Medicare beneficiaries. The BPCI Advanced Model began Oct. 1 and will run through Sunday, Dec. 31, 2023.

Healthcare providers in the program may either realize a gain or loss, based on how successfully they manage resources and total costs throughout each episode of care. The program also allows for providers and suppliers to coordinate and deliver care more efficiently and at a higher quality.

“As a community hospital, our management team and board of directors are allows looking for better ways to offer more efficient and higher-quality care. Being a part of the Bundle Payment Care Improvement program over the past three years, we have been able to advance the care of many of our orthpaedic patients. Now that that program is over, we are excited to incorporate lessons learned into our BPCI Advanced program,” said Jeffrey Hawtof, MD, Beebe Healthcare vice president of medical operations and informatics.

In the previous BPCI program, Beebe Healthcare participated in three bundles focusing on total joint replacement; in the new BPCI Advanced Program, Beebe will participate in five bundles, with the focus on cardiovascular and pulmonary.

CMS is committed to supporting healthcare providers who invest in practice innovation and care redesign to better coordinate care, improve quality of care and reduce expenditures. Beebe Healthcare team members are glad to work collaboratively with CMS to positively impact the lives of many Medicare beneficiaries.