RevCycle Intelligence July 18, 2019
The Medicare Shared Savings Program welcomed 66 new ACOs under Pathways to Success, but nearly half all participating ACOs assumed downside risk, CMS reports.
CMS selected 206 accountable care organizations (ACOs) to participate in the Medicare Shared Savings Program (MSSP) under Pathways to Success, including 41 entirely new ACOs and 25 re-entering the program, the agency’s head reported in the Health Affairs blog.
The ACOs, which started on July 1, 2019, are the first class to participate in the MSSP following a major overhaul of the program, which now requires participants to assume downside financial risk sooner at reduced shared savings rates and rebrands the program as Pathways to Success.
Industry leaders, including the National Association of ACOs (NAACOS), feared...