The Centers for Medicare & Medicaid Services confirmed that nine of the thirty-two Pioneer Accountable Care Organizations (ACOs) may walk away from an experiment aimed at changing the way medical providers are paid. Instead of receiving traditional fee-for-service payments, the Pioneer ACOs agreed to a three-year plan with fixed monthly payments. CMS Spokesman Brian Cook confirmed that nine Pioneer ACOs have said they may exit and have until July 31st to do so. Four of those nine may join an ACO that carries less financial risk.
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