HealthIT Answers October 4, 2022
Participation in Value Initiatives Will Drop Without Congressional Action
More than 800 health care associations, accountable care organizations (ACOs), medical practices, and health systems urged leaders in Congress in a letter sent to extend incentive payments meant to encourage participation in risk-bearing alternative payment models (APMs). Those incentives expire at the end of the year unless Congress acts.
Congress in 2015 created a 5 percent incentive payment to help providers move to new payment models, which include ACOs. While there are nearly 300,000 clinicians expected to receive the incentive this year, that’s nowhere near where Congress expected it to be when it was created. Therefore, the letter calls on lawmakers to extend the incentives to allow more time for a...
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