News and Insights
5 Tips On How To Compete in Bundled Care Environment
On the morning of April 1, hospital and medical device company executives woke up to yet another new chapter in bundled pricing — CMS’ Comprehensive Care for Joint Replacement (CJR) initiative. Unlike the Bundled Payments for Care Improvement (BPCI) programs that preceded it, there is no opt-out clause for the 800 hospitals designated as participants across the U.S.
The implementation of CJR signals CMS’s intent to ramp up pressure for progress toward value-based reimbursement. Making hospitals accountable for cost and quality for complete care episodes represents a stepping stone toward broader accountability.Read More
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