Yesterday, CMS launched a new Accountable Care Organization (ACO) initiative known as the Next Generation ACO Model. The new model “builds on the successes of earlier ACO models, such as the Pioneer ACO Model, and further enables innovation by providers to improve care for patients.” The Next Generation ACO offers new opportunities in accountable care, setting more predictable financial targets, and gives providers and beneficiaries more opportunities to coordinate care. The Next Generation ACO Model will take on greater financial risk than those in current Medicare ACO initiatives, while also potentially sharing in a greater portion of savings. Additionally, the new model encourages greater coordination and closer care relationships between ACO providers/suppliers and beneficiaries by enhancing services that beneficiaries can receive from participating ACOs.
For more information on the Next Generation ACO Model, click here.
Click here to read more from CMS.