CMS BPCI Advanced Extension, Should Your Practice Participate?-CMS BPCI Advanced Extension, Should Your Practice Participate?

CMS BPCI Advanced Extension, Should Your Practice Participate?

Video Transcription

Video Summary

The video transcript discusses the CMS BPCI Advanced Extension webinar, focusing on the bundle payment program for Medicare beneficiaries. Speakers Matt Civilli and Jared Knippkamp from Signature Medical Group provide insights into the program's second iteration and share their experience. The program aims to reduce Medicare costs while maintaining quality care. Key points include the shift from volume to necessity in healthcare, the structure of the payment bundle, potential savings through managed care, and reasons to participate in the BPCI Advanced Model. Preparing for participation involves evaluating internal capabilities, software platforms, case management, and physician involvement. It emphasizes the importance of data analysis, infrastructure, and transparency. The deadline for submitting applications to receive historical data is May 31st, with a decision on participation required by December 4th. The speakers offer their contact information for further inquiries.

Keywords

CMS BPCI Advanced Extension webinar

bundle payment program

Medicare beneficiaries

Matt Civilli

Jared Knippkamp

managed care savings

BPCI Advanced Model