CMMI Chief: Bundled Pay Demo Set To Lose $2 Billion Before Changes

Center for Medicare and Medicaid Innovation Director Brad Smith said the ongoing bundled pay demo was on track to lose more than $2 billion prior to mid-model changes that some have worried could cause providers to drop out of the demonstration. That experience also spurred the agency to pivot more quickly than planned toward more mandatory models, according to Smith. Smith and CMS Administrator Seema Verma have been raising concerns with the innovation center’s policies, with Verma recently calling for...