"We discovered that the initial group of BPCI participants, those that went into the program in October 2013 and January 2014, had a rate of increase between baseline and performance years that was significantly lower than the national rate," said François de Brantes, vice president and director of Altarum's Center for Payment Innovation. "Our findings are consistent with other studies that have shown no evidence that bundled payments are responsible for artificially increasing the volume of procedures. Changes in procedure volume are explained by other factors such as market competition, the penetration of Medicare Advantage, and the demographic characteristics of the Medicare population."
The report, which can be accessed at www.altarum.org/BPCI-Report, was released on the first day of the National Payment Innovation Summit. Hosted by the Healthcare Financial Management Association (HFMA) in partnership with the Altarum Center for Payment Innovation and the Catalyst for Payment Reform, the conference runs through February 10 in Dallas.
Altarum Institute (www.altarum.org) is a nationwide nonprofit organization dedicated to delivering comprehensive, systems-based solutions that improve health and health care.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cms-and-altarum-institute-research-debunks-argument-that-bundled-payments-contribute-to-higher-volumes-300404193.html
SOURCE Altarum Institute