Deadline for Model 1 of the Bundled Payment for Care Improvement Initiative extended

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.

(Sources: AHA News Now, http://ahanews.com, September 15, 2011; Center for Medicare and Medicaid Innovation, http://www.innovations.cms.gov, September 9, 2011)