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Guidance for Healthcare Providers and Purchasers

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CJR Reconciliation – Maybe You CAN Take It to the Bank

Submitted by jonpearce on Mon, 2017-06-12 12:52

In our previous article on this topic we suggested that participants in the CJR program shouldn’t expect the amounts in their initial Performance Year 1 (PY1) reconciliation to be final, and should instead expect their NPRAs to decrease in the final reconciliation that will occur in 2018. This is because claims will continue to be processed until the final reconciliation, so episode costs will increase while targets will remain constant.

Why You Shouldn't Take the Initial CJR Reconciliation to the Bank

Submitted by jonpearce on Thu, 2017-05-04 20:21
Okay, you can take it to the bank, but you shouldn't book it in your financial statements or pay it out in gainsharing payments. That's because the reconciliation is likely to change significantly when the performance period is re-reconciled next year, and the change will most probably occur in a negative direction.