Evaluation of Medicare’s Bundled Payments Initiative for Medical Conditions

The Center for Medicare and Medicaid Innovation (CMMI) launched the Bundled Payments for Care Improvement (BPCI) initiative in 2013. A subsequent study showed that the initiative was associated with reductions in Medicare payments for total joint replacement, but little is known about the effect of BPCI on medical conditions.We used Medicare claims from 2013 through 2015 to identify admissions for the five most commonly selected medical...