CMS extends deadline for bundled-payment plan
Providers considering the first model of the CMS Innovation Center’s bundled-payment initiative now have more time to express their interest and prepare applications. The initiative, introduced last month, offers four care models, of which three offer a retrospective payment method and one that would pay providers prospectively. Feedback from potential applicants led the Innovation Center to extend the letter-ofintent deadline for the first model to Oct. 6 and the application deadline to Nov. 18, adding a few more weeks to the original Sept. 22 and Nov. 4 deadlines. The first model of care is aimed solely at acute-care hospital stays. The Innovation Center noted in a news release that it has “received much interest and a large number of inquiries” about the program.