Healthcare Finance News October 24, 2023
Susan Morse

The Global and Professional Direct Contracting Model is now ACO REACH.

The Global and Professional Direct Contracting Model for Performance Year 2022 saved the Centers for Medicare and Medicaid Services $371.5 million and saved direct contracting entities $484.1 million, according to the agency’s first evaluation report of the model.

This represents an increase from $70.4 million in savings to CMS and $46.5 million in net savings to direct contracting entities (DCEs) in 2021.

Ninety-nine DCEs, compared to 53 in 2021, participated in the program in 2022, the second year of the model. CMS has posted quality and financial results for each model participant.

The GPDC Model was a voluntary accountable care organization model designed to put patients at the...

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Topics: ACO (Accountable Care), CMS, Equity/SDOH, Govt Agencies, Healthcare System, Insurance, Medicare, Payment Models, Provider, Survey / Study, Trends, Value Based
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