Managed Healthcare Executive February 11, 2021
The Next Generation ACO program, was supposed to end in 2020, but it was granted a one-year reprieve because of the COVID-19 pandemic. The National Association of ACOs (NAACOS) wants that extension to become permanent and says the “Next Gen” ACOs save the Medicare program a lot of money. Former CMS Administrator Seema Verma begs to differ.
In a January 13 press release, NAACOS said 37 of the 41 participating Next Gen ACOs collectively saved Medicare a total of $559 million in 2019. The association’s math is based on performance year 4 numbers. Once shared savings — the money that ACOs get back if they beat financial benchmarks — are factored in, the net savings were $204 million.
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