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%. 

Conference

2019 Drug Pricing and Reimbursement Stakeholder Summit

Given federal and state pricing requirements arising, press releases from industry leading pharma companies, and the new Drug Transparency Act, it is important to stay ahead of news headlines and anticipated requirements in order to hit company profit targets, maintain value to patients and promote strong, multi-beneficial relationships with manufacturers, providers, payers, and all other stakeholders within the pricing landscape. This conference will provide a platform to encourage a dialogue among such stakeholders in the pricing and reimbursement space so that they can receive a current state of the union regarding regulatory changes while providing actionable insights in anticipation of the future.

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

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