If you’re thinking about how to choose the right convener alternative…
WE ARE THE ALTERNATIVE.
PARTICIPATION WITHOUT A CONVENER IS POSSIBLE
If you’re thinking about how to choose the right convener alternative…
WE ARE THE ALTERNATIVE.
With our comprehensive suite of offerings, we provide the same – and sometimes more services than Conveners.
Once enrolled, we provide our proprietary tools and technologies and can also integrate and align with other clinical technologies/systems you currently utilize to empower existing workflows. You will see your data (claims, care navigation, etc.) in great detail and glean insights to enable variation reduction, cost reduction, and quality improvement.
No participation in BPCIA (Direct or Aligned) | Participating Provider Aligned to BPCIA Participant Hospital | Convened Episode Initiator (EI) | PGP Participant with Bundle Ready Assistance | PGP Participant DIY (In-House Administration) | |
---|---|---|---|---|---|
Own Application and Program Design | N/A | No, Program is designed by Hospital or its Convener | No, Program is designed by Convener | Yes, BundleReady methods are generally described; implementation is flexible | Yes, a significant undertaking |
Decision to Move Forward | N/A | Shared Hospital decides to enter into EI agreement | Convener can remove EI at any time | Yours | Yours |
Eligible for 50% Professional Fee Bonus | No | Yes | Yes | Yes | Yes |
Financial Participation Beyond Professional Fee Bonus | None | None | Yes, up to 20% EI Gain Cap*, pass through from Convener allocated like risk | Yes, up to 20% EI Gain Cap* | Yes, up to 20% EI Gain Cap* |
Convener Fees | None | None | Yes, in BPCI these are seen as high as 50% of Savings | None | None |
Administrative Fees (non-BPCIA Entity) | None | None | Could be separately charged for Services up to 1-2% of episode cost | Yes:
|
Depending on level of additional Services to develop and implement |
Risk | None | None | Yes, up to 20% EI Loss Cap*, pass thorugh from Convener allocated like Gains | Yes, up to 20% EI Loss Cap* (BundleReady not a Risk Partner) | Yes, up to 20% EI Loss Cap* |
Services Available for Care and Process Improvement | N/A | Potential new initiatives from hospital (resource and expertise-dependent) | Varies widely depending on the convener |
|
Potential new in-house initiatives (resource and expertise-department) |
*The 20% EI Gain/Loss Cap refers to 20% of total episode costs and is the maximum a Physician or Group can gain or lose in BPCIA.
“The most expensive thing you’ll ever buy is insurance you never use.”
Potential participants who are capable of managing their own risk should not pay for a convener risk partner. It is likely that potential participants who require a Convener Risk Partner should not enter the BPCI-A program. While conveners are risk partners, they are not insurers and they are not looking for real risk.
When we run analytics, we look at your manageable variation. We use this to determine expectations for you in Program participation and give you transparent advice and suggestions to help you decide your own pathway.
Working with BundleReady, Participants will be provided with the following areas of service:
We provide you all of the administrative assistance you need to contract directly with CMS as a Non-Convener Participant.
Including:
Get an analysis of your CMS Claims Data and determine if BPCI Advanced is right for you.