Health insurers are expanding the use of bundled payment as a core part of their efforts to reform how they deliver and pay for care, according to a new report commissioned by the Health Care Incentives Improvement Institute Inc. (HCI3), a nonprofit that supports bundled payment and other payment-reform initiatives. (See below for an announcement about an HCI3 webinar on bundled payment scheduled for June 24.)
“While the number of providers and payers implementing bundled payments is relatively small, we observed growth in the adoption of bundled payment initiatives,” the report said. Last year, the federal Centers for Medicare & Medicaid Services approved more than 500 organizations to participate in its Bundled Payment for Care Improvement initiative. The Medicaid program in Arkansas has a bundled payment initiative, and Ohio and Tennessee are implementing similar programs. This level of activity may mean a movement toward broader adoption of bundled payment is on the horizon, the report said.