The Centers for Medicare & Medicaid Services (CMS) indicated that it has received a great deal of interest and a large number of inquiries about the Bundled Payments for Care Improvement initiative released on August 23, 2011. Originally, the deadline for submitting an application for Model 1 of the Bundled Payment Initiative was September 22, 2011, but CMS has been responsive to requests for additional time to prepare applications. Based on the feedback CMS has modified the two deadlines for Model 1 as follows:  

  • Letters of intent are now due on October 6th, 2011
  • Applications are now due on November 18th, 2011

For more information, visit the CMS Innovation Center website by clicking here.