Becker's Healthcare January 30, 2024
Nearly half of people with traditional Medicare are aligned with Accountable Care Organizations, CMS said Jan. 29.
In a news release, the agency said 50 new ACOs joined the Medicare Shared Savings Program, the largest accountable care model CMS offers. There are now 480 ACOs participating in shared savings, and another 245 organizations are participating in ACO REACH and Kidney Care Choices.
The agency will pay $20 million in advanced investment payments to 19 newly formed ACOs to fund care for underserved beneficiaries, CMS said. The funding will go toward hiring community health workers, health assessment and screening tools, and quality...
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Topics: ACO (Accountable Care), CMS, Govt Agencies, Insurance, Medicare, Payment Models, Provider, Value Based