Topic: Medicare Shared Savings Program
A bipartisan group of lawmakers urged CMS to reconsider changes to the ACO program.
A new survey shows ACOs could leave the Medicare Shared Savings Program and fewer might enter if proposed changes are finalized.
Proposed changes to the federal ACO model would cut the knees out from under the program, board members of the National Association of ACOs said.
ACOs generate savings even if they don't take on risk, but they need time to do so, healthcare consulting firm Avalere recently found.
NAACOs found a huge difference in how much ACOs save the Medicare program—a difference that has profound policy implications, it says.
Physician groups in ACOs saved Medicare $256 million over a three-year period. Hospitals added $111 million in costs.
The more risk providers take on, the more money they save, Verma said, pointing to a new report that shows Next-Gen ACOs saved $62 million.
Democrats grilled HHS Secretary Alex Azar about Trump's campaign promise to allow Medicare to directly negotiate prices with drug companies.
The Centers for Medicare & Medicaid Services heard both pros and cons on its proposal to allow physicians to bill Medicare patients directly.
The fed greatly overestimated the savings that ACOs would generated under the Medicare Shared Savings Program, according to a new report.