Some Considerations Before New ACO Generation Arrives
Law360, New York (April 9, 2015, 10:37 AM EDT) -- The May 1, 2015, deadline for filing a letter of intent is approaching for those health care organizations that wish to apply for the "Next Generation Accountable Care Organization Model" offered by the Innovation Center at the Centers for Medicare & Medicaid Services.
In this new model, CMS updates and expands the possible payment models for ACOs in the Medicare Shared Savings Program. This Next Generation ACO allows ACOs to assume a higher level of financial risk and reward than is currently available in current Medicare ACO initiatives. Under the initial ACO model, called Pioneer ACOs and the prior MSSP, ACOs could...
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