Medicare accountable care organizations generated $411 million in total savings in 2014, but few of the Pioneer and Medicare Shared Savings Program ACOs qualified for bonuses in the second year results of the program, according to the latest data from the Centers for Medicare & Medicaid Services. But the financial metrics only tell some of the story, according to ACO leaders interviewed this morning.
Physicians may soon be paid for end-of-life conversations with their patients under proposed changes to the 2016 Medicare Physician Fee Schedule--a move that could catch on with private payers, as well.
Leaders of two accountable care organizations shared the strategies they use to actively engage patients and improve healthcare delivery and outcomes while reducing costs during Wednesday's preconference session of the sixth annual National ACO Summit in the District of Columbia.
Several features of the Centers for Medicare & Medicaid Services' final rule for accountable care organizations in its Medicare Shared Savings Program will encourage more providers to participate in the program, but the rule does not go far enough on risk assumption, healthcare experts wrote in a blog post for Health Affairs.
Montefiore ACO & United Healthcare in the Bronx, New York leads the list of accountable care organizations with the largest physician networks in the nation, according to a new report compiled by healthcare marketing research firm SK&A.
The Centers for Medicare & Medicaid Services final rule on Medicare Shed Savings Program accountable care organizations (ACOs), published late Thursday, finalizes a proposal that calls on ACOs to describe in their applications how they will promote the use of health IT to boost care coordination.
For the most part industry experts are pleased with the changes the Centers for Medicare & Medicaid made to the Medicare Shared Savings Program, which provides more options and opportunities for accountable care organizations to participate in the risk-backed shared savings initiative. But others say that some of the policy changes are lopsided and unfair to ACOs in the lower-risk options.
The Centers for Medicare & Medicaid late Thursday released its final rule on the Medicare Shared Savings Program in an effort to encourage more participation of accountable care organizations in risk-based models.
Despite the rapid growth and early successes of accountable care organizations, the Medicare Shared Savings Program must make some key changes to fully realize the model's potential, argues a Health Affairs blog post.
Fierce exclusive: Healthcare experts interviewed Wednesday said the Centers for Medicare & Medicaid Services' 'Next Generation' accountable care organization model is a positive step that will propel the industry toward a value-based payment system.