ACOs ask Trump admin for more help to cope with coronavirus

Dive Brief:

• Accountable care organizations want more help from the Trump administration to gain a more solid financial footing amid the novel coronavirus pandemic.
• ACOs, whose payments are tied to spending and patient health benchmarks, are asking CMS to give them the option of protection from any financial losses for a reduced shared savings rate no lower than 40%, according to a Thursday letter nine organizations sent to CMS.
• The coalition, including the National Association of ACOs and the American Medical Association, also​ lobbied CMS to push back the deadline for ACOs to decide whether they will remain in the Medicare Shared Savings Program from June 1 to Oct. 31. Value-based care advocates have warned CMS may see a mass exodus of providers from the program if the June deadline holds, as they seek to avoid losses stemming from COVID-19.

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