New mandatory bundled payment model for hospitals

This week on “Podnosis” we're discussing a new payment model that could affect thousands of hospitals across the country. It's called TEAM, and it stands for Transforming Episode Accountability Model. It's a mandatory bundled payment program that covers five common procedures.

But what will it take for hospitals to prepare for the new payment model? How will they manage their clinical and financial risk and engage their patients and providers? And what can they learn from previous bundled payment models? To answer these questions, Fierce Healthcare's Anastassia Gliadkovskaya chatted with Brian Fuller, managing director of value-based care design and delivery at ATI Advisory, a consulting firm that helps healthcare organizations navigate the transition to value-based payment. 

To learn more about the topics in this episode:  

• CMS finalizes 2.9% pay bump for inpatient hospitals in FY2025
• CMMI seeks feedback for a new bundled payment model
• CMS proposes 2.6% bump to inpatient pay in fiscal 2025

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