Fierce Healthcare April 13, 2020
A majority of ACOs are likely to quit the program due to losses stemming from the COVID-19 outbreak, a new survey found.
A recent survey of risk-based accountable care organizations found 56% are likely to leave the program due to concerns about having to repay losses stemming from the COVID-19 outbreak.
The survey released Monday by the National Association of ACOs comes as healthcare facilities are struggling to stay afloat due to financial pressures from the outbreak. Risk-based ACOs also have a major deadline of May 31 to give notice to the Trump administration to avoid paying losses or get any shared savings.
“Medicare’s decade-long effort to change how we pay for health care to better reward quality and outcomes...
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