Advisory Board June 29, 2022

CMS on Monday announced a new voluntary payment model that will build off the Oncology Care Model (OCM), which ends Thursday, Maya Goldman reports for Modern Healthcare.

So far, the OCM has failed to lower total Medicare spending or significantly improve quality of care

CMS announces its new oncology payment model

CMS on Monday debuted its new oncology payment model, known as the Enhancing Oncology Model (EOM), which will launch a five-year test period on July 1, 2023. 

Notably, the new model builds off the OCM, which is ending Thursday after six years. Under the new model, two risk arrangements will be available. However, both will subject participants to some downside risk.

While Community Oncology Alliance (COA) executive director Ted Okon said the trade group...

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Topics: CMS, Govt Agencies, Insurance, Payment Models, Physician, Provider, Value Based
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