On Monday, the Centers for Medicare and Medicaid Services (CMS) announced a remarkable increase in participation in accountable care organization (ACO) programs in 2024.
The CMS press release boasts that 19 newly formed ACOs will join the new Medicare Shared Savings Program (MSSP) permanent payment option that grants ACOs $20 million...
The transaction also includes contingent additional payments of up to $50 million based on the future performance of Caravan, a current partner in value-based arrangements for two Arizona Accountable Care Organizations, Pathfinder Health and Summit Healthcare. Early this month, Caravan announced it was expanding its footprint in the...Arizona News
Value-based payment arrangements are rapidly growing with several Arizona-based companies either joining national programs or expanding value-based design to other areas of the country. The National Association of Accountable Care Organizations (NAACOS) says that bigger changes can't come fast enough.
In a press release last week,...CMS Rules
Accountable care organizations (ACOs) are asking for more support from the Trump administration amid the pandemic. ACOs want more time to decide on whether to voluntarily exit the Medicare Shared Savings Program (MSSP) as coronavirus-related financial losses and balance sheet deficits pile up.
With payments tied to spending and...Arizona News
As the novel coronavirus wreaks havoc on global economic data, risk-bearing Accountable Care Organizations (ACOs) are worried the pandemic could threaten a decade-long shift to value-based payment models. Many facilities are struggling to stay in business as a fast-approaching May 31 deadline to give notice to the Administration in...Arizona News
Hospitals and providers participating in Medicare quality value-based purchasing programs received unprecedented relief on Sunday from a Centers of Medicare and Medicaid Services (CMS) announcement that relaxes reporting requirements and extends data submission deadlines.
The action is part of the Trump Administration's response...
CMS considers compelling acceptance of risk in the voluntary Medicare Shared Savings Program.
National Association of ACOs (NAACOS) released results from a survey of 82 participating ACOs about assuming risk and future participation plans for Medicare Shared Savings Program (MSSP) Track 1 ACOs. Answers to a key survey question show...
Providers warn that ACOs that are not ready to assume the downside risk will drop out of the program if CMS does not extend the agreement period.
Provider associations are calling for an extension of the Medicare Shared Savings Program Track 1 because some accountable care organizations are not ready for downside risk.
The...