The Centers for Medicare and Medicaid Services has begun reviewing applications for a new payment initiative that will test four different models of "bundled payment" for Medicare providers. In a new blog post, The Commonwealth Fund's Mark Zezza, Ph.D., Stuart Guterman, and Jennie Smith take a look at how the three-year project, which will allow physicians, hospitals, and post–acute care providers to receive a single payment for an episode of care, will support the delivery of efficient and high-value care.
