With a new government administration in Washington imminent, uncertainty is in the air, particularly surrounding healthcare. Change is all but certain; the question remains what will it look like. To serve as a guide, Archway Health, a full service tech-enabled bundled payment company, today published its “2016 Review and 2017 Preview,” including six predictions for the bundled payments industry in the year ahead.
“While we anticipate significant changes to healthcare in 2017, we believe the trend to adapt innovative alternative payment models, such as bundled payments is only going to increase,” said Dave Terry, Co-Founder and CEO of Archway Health. “Bundled payments have shown to be effective and efficient, and have improved healthcare for providers, payers, and most importantly, patients. We expect that 2017 will be a year of significant growth in the bundled payment market.”
In the 2017 predictions, Archway addresses the most significant questions facing bundled payments, including:
- Trump/Price will help drive bundled payment growth.
- Advanced Bundled Payment for Care Improvement (BPCI) program will greatly impact growth of bundled payments.
- The Comprehensive Care for Joint Replacement (CJR) and Episode Payment Model (EPM) programs will shift from mandatory to voluntary.
- Growth will accelerate in commercial bundled payment programs.
- BPCI convener contracts are expiring and new opportunities will emerge.
Marked between two years of growth, Archway views 2016 as a year of progress in the bundled payment market. After BPCI providers went live in 2015, the industry used 2016 to assess the success of bundled payment initiatives. Additionally, while CMS’ Comprehensive Care for Joint Replacement Model (CJR) program fell flat, the current CMS administration charged forward by rolling out the Episode Payment Model (EPM) Final Rule and the Oncology Care Model (OCM).
To learn more about bundled payments in 2017 and Archway Health, please contact info@archwayha.com.
About Archway Health
Archway Health, founded in 2011 and
built on a deep foundation of healthcare payment reform expertise, works
with providers to design and execute care and risk management programs
that drive success in bundled payment programs. Archway is currently
working with leading healthcare providers participating in the CMS BPCI,
CJR, and OCM programs, as well as with commercial payers operating
bundled payment initiatives. To support these programs, Archway works
with providers to analyze their opportunities and risks and to deploy
its comprehensive platform of analytics, patient tracking tools, and
advisory services to ensure their success in bundled payments. For more
information, please visit www.archwayhealth.com.
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