CMS announced increased participation in CMS’ accountable care organization initiatives in 2024, which will increase the quality of care for more people with Medicare. Of note, CMS is announcing that 19 newly formed ACOs in the Medicare Shared Savings Program are participating in new, permanent payment option beginning in 2024…
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By Aisha Pittman MPH & Clif Gaus ScD – NAACOS has been advocating for several changes to the Medicare Shared Savings Program. We push for policies we feel would increase participation in accountable care organizations and help CMS reach its stated goal of having all Medicare beneficiaries in a relationship accountable for quality and total cost of care by 2030.
CMS announced that the Medicare Shared Savings Program saved money for Medicare while continuing to support high-quality care. Specifically, the program saved Medicare $1.8 billion in 2022 compared to spending targets for the year.
CMS announced that the Medicare Shared Savings Program, through its work with Accountable Care Organizations – groups of doctors, hospitals and other health care providers — saved Medicare money while continuing to deliver high-quality care.
By Meena Seshamani MD PhD – April marked the 10-year anniversary of the start of the agreement period for the first Accountable Care Organizations in the Medicare Shared Savings Program – an ambitious program to reward health care providers for improving health care for people with Medicare.
Medicare’s largest alternative payment model produced its highest annual savings to date in 2020, while continuing to provide high-quality care, as shown by performance data released by the Centers for Medicare & Medicaid Services.
By Sanjay Seth MD – With CMS’s release of the 2020/2021 Shared Savings Quality Measure Benchmarks, here are some insights around how ACOs could be impacted on the cost benchmarking from a historical respective, the regional adjustment and the few benchmarking methods utilized by the commercial payers.
By Velvet Thorne – A healthcare storm is brewing between CMS and Medicare Shared Savings Program providers who have not engaged with the agency’s value-based care efforts, an essential step in readying for the new “Pathways to Success” initiative.
By Sanjay Seth MD – When it comes to the proposed “Pathways to Success” for ACOs participating in the Medicare Shared Savings Program, my suggestion is this: Don’t throw the baby out with the bathwater.