The Centers for Medicare and Medicaid Services is reminding providers of the Nov. 4 deadline for submitting a letter of intent to participate in three of four Medicare bundled payment programs (Models 2-4) announced in August. CMS has also issued additional guidance.

The Bundled Payments for Care Improvement Initiative will bundle payment across provider sites for multiple services rendered during an episode of care, defined as a single hospital stay and/or recovery from the stay.

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