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AMGA to CMS: Rethink ACO Financial Risk Advancement in MSSP

AMGA to CMS: Rethink ACO Financial Risk Advancement in MSSP

July 6, 2021Victoria BaileyNo CommentsRevCycle IntelligenceRisk Management,Medicare ACOs/MSSP

The American Medical Group Association (AMGA) recommended several steps regarding accountable care organization (ACO) financial risk advancement in the Medicare Shared Savings Program (MSSP) in a letter to CMS.

CMS’ decision to defer the automatic advancement of ACOs in the MSSP and allow ACOs to remain in their current risk level of the BASIC Track’s glide path for performance year (PY) 2022 prompted AMGA to express concern.

The decision extends the policy CMS implemented during the COVID-19 public health emergency in an attempt to create more financial flexibility for ACOs. The unprecedented circumstances of the pandemic called for CMS to give ACOs the option to pause and reassess their risk tolerance.

Full Article

: ACOs, AMGA, APMs, CMS, COVID-19, MSSP, risk management, Value Based Reimbursement

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