Evaluation and Monitoring of the Bundled Payments for Care Improvement (BPCI) Model 1 Initiative

Evaluation and Monitoring of the Bundled Payments for Care Improvement (BPCI) Model 1 Initiative

OUR WORK

Projects

Econometrica provided full program evaluation and monitoring services for the BPCI initiative. We created primary and secondary data collection tools; developed standard operating procedures; developed measures and identification methods for “unintended consequences”; and performed advanced analytical and econometric analysis. Our efforts aligned with CMS’ goal to improve the quality of care.

Determination of Fair and Reasonable U.S. Flag Ocean Freight Rates

Determination of Fair and Reasonable U.S. Flag Ocean Freight Rates

OUR WORK

Projects

Econometrica supported the determination of fair and reasonable U.S. flag ocean freight rates. We evaluated the Cargo Preference System-based data approach and evaluated policy alternatives for shippers.

Development, Implementation, and Maintenance of Quality Measures for PACE

Development, Implementation, and Maintenance of Quality Measures for PACE

OUR WORK

Projects

Under CMS’ Measure & Instrument Development and Support program, Econometrica is developing, implementing, and maintaining quality measures for the Programs of All-Inclusive Care for the Elderly (PACE). We conduct validity, reliability, and feasibility testing of measures, the domains of which are selected by input from PACE Organizations and technical experts. Our efforts support PACE’s goal of keeping beneficiaries in the community and improving the quality of life.

Partnership for Patients (PfP) 2.0: Evaluation & Measurement

Partnership for Patients (PfP) 2.0: Evaluation & Measurement

OUR WORK

Projects

Econometrica prepares a program evaluation of the PfP 2.0 program, which incentivizes healthcare providers to reduce hospital-acquired conditions and improve care transitions. The scope includes quantifying and analyzing outcomes and spending and validating hospital reports. These efforts align with the CMS’ mission of improving patient care.

Value-Based Payment and Calculation of Resource Measures for Hospital and Physician

Value-Based Payment and Calculation of Resource Measures for Hospital and Physician

OUR WORK

Projects

Econometrica performs econometric and statistical analysis of Medicare expenditure and value-based payments data. We develop, calculate, and report measures for episode-based payments. In addition, we support proposed and final rules, draft policy documents, and respond to public comments. We are developing a data collection validation plan for hospital payment adjustments and public data on hospital performance. These efforts support various programs for CMS.