The Centers for Medicare & Medicaid Innovation (CMMI), which tests risk based payment models as Medicare explores ways to pivot away from traditional fee-for-service reimbursement, announced the launch of its new multi-payer Comprehensive Primary Care Plus (CPC+) model.

The five-year model will begin in 2017 and will pay monthly care management fees to participating practices in two tracks with differing payment structures and clinical capability requirements. Participating practices will also receive up-front payments that they will either keep or repay based on utilization and quality metrics. CMS has proposed to consider the CPC+ model an advanced APM, and participating practices may earn a 5% bonus payment and exemption from MIPS under the new Medicare value-based payment system.

Interested practices should apply using CMS’ online portal by Sept. 15. For more information, view the CMS FAQs.

The Arkansas Department of Human Services will host a webinar at noon, Friday, Aug. 26, to update Arkansas Medicaid providers on how CPC+ will affect their practice. Register today. Participants will be able to interact and ask questions via chat.