AUSTIN, Texas, July 19, 2016 /PRNewswire/ -- The Centers for Medicare and Medicaid Services (CMS) now anticipates accepting applications for participation in the new Comprehensive Primary Care Plus (CPC+) payment model initiative on August 1, 2016, following the publication of CPC+ eligible regions. The subsequent extension of the submission deadline to September 15th gives an additional two weeks for practices to improve their eligibility for participation in the groundbreaking CPC Plus program.
CPC+ rewards patient-centered practices for providing comprehensive care services such as care coordination, wellness programs, expanded access and psychosocial support. The program significantly increases reimbursement, makes generous up-front payments available and pays for many activities that providers today perform for free.
A qualified advanced payment model designed specifically for primary care providers, CPC+ provides payment of 5% of your annual Part B billing and exempts you from MACRA participation – with no downside risk. The only catch is that most small practices don't meet all of the eligibility requirements, closing off this important opportunity to the majority of independent primary care providers.
"If practices are missing any or all of the CPC+ eligibility requirements, Caravan Health can qualify most practices for CPC+ Track 2 in a few short weeks," said Lynn Barr, CEO of Caravan Health. "In partnership with a federally-funded Practice Transformation Network, we provide all of the qualifying programs, training, IT, 24/7 access, and letters of support as well as line-by-line application counseling. This program is free to practices and in time for selection into CPC+."
Caravan Health is a recognized national leader in healthcare services for primary care practices and is currently leading the successful transformation to value-based payment models for 23 of the nation's most successful Medicare ACOs and over 17,000 providers.