Accountable care organizations and bundled payment initiatives are harbingers of the future healthcare system in the United States, Health and Human Services Secretary Kathleen Sebelius said in a speech on Tuesday. Sebelius addressed the American Medical Association National Advocacy Conference in Washington, D.C.
The Centers for Medicare & Medicaid Services has identified more than 500 healthcare centers, including many skilled nursing facilities, that will be a part of the Bundled Payments for Care Improvement initiative (BPCI).
Regulators say they are delaying implementation of one of the Affordable Care Act's bundled payment initiatives due to low applicant turnout.
Long-term care providers must collaborate and create partnerships with their acute care counterparts in order to make efficient use of new technology, a health information management expert told listeners at a special McKnight's webcast Tuesday.
As the Nov. 4 deadline for healthcare providers to get into the Bundled Payment initiative from the Centers for Medicare & Medicaid approaches, healthcare providers are still struggling to figure out new approaches to reimbursement.
A new initiative under the Affordable Care Act will provide bundled payments to healthcare providers — including post-acute facilities — to improve the coordination of care of Medicare beneficiaries when they are discharged from the hospital.