CHI St. Vincent Has Success in Bundled Payments Initiative
More than 500 primary joint replacement surgeries were performed for Medicare patients at CHI St. Vincent Infirmary between Oct. 1, 2013 and Sept. 30, 2014. In that time CHI St. Vincent Infirmary successfully achieved significant savings in Medicare costs as a result of the partnership with the Centers for Medicare & Medicaid Services (CMS) Bundled Payments for Care Improvement Initiative (BPCI). The exact savings are expected to be reported by CMS when the initiative officially closes in 2018.