The Centers for Medicare and Medicaid Services have announced that the deadlines will be extended for Model 1 of the Bundled Payment for Care Improvement Initiative, according to the Center for Medicare and Medicaid Innovation website.
The website states that the new deadline will be October 6 for non-binding letters of intent and November 18 for applications. The dates were originally September 22 and October 21. Model 1 is one of four models of bundled payments and is defined as the inpatient hospital stay for the defined episode of care. The deadlines for Models 2 – 4 remain as November 4 for letters of intent and March 15 for applications.