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The Centers for Medicare & Medicaid Services’ (CMS) in April released a bundled payment model that is the culmination of the best aspects from such past models, all to align with the agency’s efforts to get all Medicare Fee-for-Service beneficiaries involved in value-based care by 2030.
The Transforming Episode Accountability Model, or TEAM, is considered the most significant mandatory bundled payment model to date. This model will cover all costs associated with a 30-day episode of care, including a skilled nursing stay, but hospitals would be in the driver’s seat if approved.
That said, TEAM is bigger than what currently exists, ATI Advisory’s Brian Fuller said, with the new model being a piece of CMS’ goal to get 100% of Medicare FFS beneficiaries in value-based care by 2030.