BPCI ADVANCED MODEL 2024 APPLICATION PORTAL OPEN
On Feb. 21, the Centers for Medicare & Medicaid Services (CMS) opened the application portal for year 7 (2024) of the Bundled Payments for Care Improvement Advanced (BPCI Advanced) Model. This model was set to end on Dec. 31, 2023, but CMS announced a two-year extension last October. CMS has requested applications from Medicare Accountable Care Organizations (ACOs), suppliers, and Medicare-enrolled entities for participation in the model starting Jan. 1, 2024.
New convener applicants must be an ACO or Medicare-enrolled entity, while current model participants can continue participation by signing an amended and restated participation agreement for model year 7. Former participants can apply as a convener, non-convener, or episode initiator under a convener. The application portal will stay open for 100 days and close on May 31, 2023, at 5 p.m. ET. More information is available on the BPCI Advanced applicant resources page.
FEDERAL POLICY SESSION AT MEDICAL PRACTICE EXCELLENCE: FINANCIAL & OPERATIONS CONFERENCE
Planning on attending Medical Practice Excellence: Financial and Operations Conference next month in Orlando? You won't want to miss the Washington Policy Outlook (Monday, March 20, from 11:15 a.m. to 12:15 p.m. ET) where MGMA Government Affairs will fill you in on the latest federal policy developments impacting medical practice operations, including changes to the 2023 payment and quality rules, the status of surprise billing and transparency requirements, and other key regulatory changes. MGMA Government Affairs will also give an update on congressional activity that has the potential to impact group practices and recent #MGMAAdvocacy efforts. Attendees will have the opportunity to ask questions at the conclusion of this presentation.
JOIN MGMA'S GOVCHAT ONLINE MEMBER COMMUNITY
By signing up for our GovChat online community, MGMA members have the benefit of engaging with both colleagues and the MGMA Government Affairs team on current regulatory and legislative developments. Recent discussion topics include surprise medical billing, prior authorization "gold carding" legislation, and our 2023 policy priorities.
Sign up for GovChat today to join the #MGMAAdvocacy discussion!