Accountable Care Organizations: Understanding the New Frontier of Physician Payment-BPCI Advanced Model

Video Transcription

Video Summary

In this video, Jim Blankenship discusses the BPCI advanced model and its impact on acute myocardial infarction (AMI) care. He explains that CMS (Center for Medicare & Medicaid Services) aims to drive innovation and move towards value-based care. The BPCI advanced model is an alternative payment model that aims to improve quality and decrease costs. However, Blankenship notes that the previous BPCI model did not improve quality and resulted in CMS losing money. The BPCI advanced model has some key differences, such as all bundles being 90-day episodes and the inclusion of fewer excluded services. Blankenship highlights that the results of BPCI advanced are still sparse and conflicting, with decreased patient care costs but increased spending by Medicare. He questions who is making money off the model and suggests attending conferences for more information. Overall, Blankenship emphasizes the importance of understanding the BPCI models and their impact on cardiology practice.

Asset Subtitle

James C. Blankenship, MD, MHCM, MSCAI

Keywords

BPCI advanced model

acute myocardial infarction care

CMS

value-based care

alternative payment model