by Jordana Choucair | Oct 25, 2021 | Transition to Value
CMS released the fourth evaluation report on The Next Generation Accountable Care Organization (NGACO) model, revealing that the program saved Medicare $637 million in 2020. After factoring in $909 million in shared savings and other payouts to NGACOs, the model was...
by Jordana Choucair | Oct 6, 2021 | Transition to Value
Center for Medicare and Medicaid Innovation (CMMI) Director Liz Fowler said the agency is looking to implement more mandatory value-based care payment models, including those focused on total costs. However, CMMI is moving away from having models for every disease,...
by Jordana Choucair | Oct 1, 2021 | Transition to Value
CMS Chief Operating Officer Jon Blum said the agency’s innovation center is unlikely to adopt many additional fully risk-based payment models because they tend to “favor those who are better capitalized and can afford risk.” He said CMS wants to...
by Jordana Choucair | Aug 26, 2021 | Transition to Value
CMS announced that ACOs participating in the Medicare Shared Savings Program in 2020 earned performance bonuses totaling nearly $2.3 billion and saved Medicare $1.9 billion. Sixty-seven percent (or 345) of the 513 ACOs earned shared savings payments in 2020. ACOs...
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