In a major change of events the Center of Medical and Medicaid Coding services New Jersey  recently lifted the requirement for participating in bundled payment initiatives. Earlier this year, the VOCIS Health Service agency proposed to reduce the count of geographical areas participating in the Comprehensive Care for Joint Replacement (CJR) along with cancelling the mandatory Cardiac Rehabilitation Incentive payment model and Episode Payment Models.

The Administrative Department of the CMS supported their vision for the change by outlining the positive impact it will have on the opportunities that stakeholders will have input on model designs along with the flexibility that will come in the episode-based models. Although the decision attracted some heat from American Hospital Associations. They raised their concern in favor of the organizations who have been continuously spending major financial resources in order to prepare themselves to participate.

This has raised several questions in relation to the future of alternative payment models and the idea of mandatory participation. But CMS has ensured that understanding the importance of the matter they will be developing new models in order to increase the future participation in the event. They backed. Recent studies have confirmed that the Bundle payment initiatives have a positive impact on both “quality of care” and “low cost” in spite of the fact that the structure is far from perfect. The proposed change will surely be an important factor in deciding the future of the BPCI structure.

Choosing VOCIS means choosing a partner that prioritizes your practice’s success. We focus on maximizing your revenue, reducing administrative burdens, and ensuring compliance with industry standards. Our experienced team uses advanced technology to deliver precise, efficient services that improve cash flow, reduce errors, and enhance patient satisfaction. By partnering with VOCIS Medical Billing Service in New York , you gain a dedicated ally committed to your growth, allowing you to concentrate on providing exceptional patient care without the stress of managing complex operational tasks.

Let VOCIS handle the details so you can focus on what you do best. Choose VOCIS as your trusted partner and see the difference in your practice’s efficiency, profitability, and overall success.

Medical Marketing Services and End-to-End Healthcare service provider in New Jersey and New York Call 973-727-0444 or email contact@vocisinc.com today to get started!