Results for tag: "Bundled Payment Initiative"

The Bundled Payment Initiative (BPI) is a market within the context of Managed Care that focuses on providing a single payment for a bundle of services related to a single episode of care. This payment model is designed to incentivize providers to deliver high-quality, cost-effective care. BPI is a form of value-based care, which is a shift away from traditional fee-for-service models. It is intended to reduce costs and improve outcomes by encouraging providers to coordinate care and focus on preventive care. BPI is gaining traction in the healthcare industry, with many providers and payers embracing the model. Companies in the BPI market include Change Healthcare, Optum, and Humana. These companies offer a variety of services, such as data analytics, care coordination, and payment processing, to help providers and payers transition to the BPI model. Show Less Read more