AMA, AHIP join NAACOS in effort to limit changes to ACO program

Hospitals cost
AMA, AHIP and several physician groups want CMS to keep the timetable for ACOs to take on financial risk. (Getty/ronstik)

Nine healthcare organizations—including the American Medical Association (AMA) and America's Health Insurance Plans (AHIP)—are asking the federal officials to scale back proposed changes the Medicare Shared Savings Program.

In a letter (PDF) to Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma, the groups urged the agency to give accountable care organizations more time to participate in the federal program and maintain their 50% cut in shared savings.

A proposed rule released last month would reduce the amount of time ACOs can be in the programs upside only track from down from six years to two. It would also cut the shared savings rate to 25%. 

Free Daily Newsletter

Like this story? Subscribe to FierceHealthcare!

The healthcare sector remains in flux as policy, regulation, technology and trends shape the market. FierceHealthcare subscribers rely on our suite of newsletters as their must-read source for the latest news, analysis and data impacting their world. Sign up today to get healthcare news and updates delivered to your inbox and read on the go.

RELATED: CMS pushes ACOs to take on more risk with Medicare Shared Savings Program overhaul

Suggested Articles

An ACA public option could lead to lower premiums for commercial plans by sparking more competition, an analysis found.

Centene Corporation posted $95 million in profit for the third quarter of 2019, which skyrocketed from $19 million in the third quarter of 2018.

A KHN investigation found that manufacturers, hospitals, doctors and some patient advocates have put marketing muscle behind 3D mammograms.