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Oncologists flock to bundled payments in unanticipated numbers: 4 key notes

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After more than double the anticipated number of oncologists enrolled into CMS' bundled payments model, Watertown, Mass.-based Archway Health announced that 18 providers nationwide selected it to manage their participation in the Oncology Care Model.

Here's what you should know.

1. Prior to CMS' launch of the program, Archway had eight oncologists select it in anticipation of the model's launch.

2. Co-Founder and CEO of Archway Health Dave Terry said the amount of participation from cancer facilities is a "positive sign" as healthcare moves towards value-based care.

3. In total, more than 200 providers and 18 health plans enrolled into the program.

4. Dennis Zoet, senior director of business development and operations for Kalamazoo-based Western Michigan's cancer and hemotology centers, said, "Our institution has always sought new ways to improve patient care, while reducing costs. The OCM model allows us to do just that within our population of patients battling cancer. Given the breadth and depth of their experience within bundled payments, Archway Health is an ideal partner to help us navigate and succeed within this new landscape.”

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