Fierce Health Payers February 5, 2021
There have not been enough positive headlines this year. The Centers for Medicare and Medicaid Services (CMS) was responsible for one of the very few positive actions when, in September, it announced the results of its Shared Savings Program for 2019.
Collectively, the 541 accountable care organizations (ACOs) participating in the program generated $1.19 billion in total savings by shifting their payment models from volume to value.
The grand experiment that promised to bend the curve in health care costs once-and-for-all by aligning payment incentives with outcomes was proving the theory of value-based care in the real-world.
But that was before COVID-19 disrupted life and health care as we knew it.
The urge to celebrate the results was quickly tempered...