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CMS Announces Record Savings, ACO Payouts in Medicare Shared Savings Program

October 29, 2024Garrett Schmitt

Senior officials at the Centers for Medicare & Medicaid Services (CMS) announced record net savings for the Medicare Shared Savings Program (MSSP) on Oct. 29—a total of more than $2.1 billion in 2023, along with $3.1 billion in performance payments for accountable care organizations (ACOs) participating in the program. The agency posted a press release…

Medicare Shared Savings Program Continues to Deliver Meaningful Savings and High-Quality Health Care

October 29, 2024Garrett SchmittNo CommentsCMMI, CMS, MSSP

The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program (Shared Savings Program) continues to save Medicare money while supporting high-quality care. The Shared Savings Program yielded more than $2.1 billion in net savings in 2023 — the largest savings in the Shared Savings Program’s history. In addition, Shared…

Health Care Leaders Push Forward on Value-Based Care Amid Challenges

October 23, 2024Garrett Schmitt

Value-based care remains a top priority in the shifting landscape of US health care, as emphasized during a recent session at the National Association of Accountable Care Organizations (NAACOS) fall conference. The discussion brought together payers and providers to explore the challenges and opportunities in improving patient outcomes while reducing health care costs, with a…

RPM unleashes the power of tracking blood pressure control, enhancing value-based care and transforming patient outcomes

October 23, 2024Garrett Schmitt

Hypertension control is very personal for me. Yet discussing health outcomes in terms of quality metrics and value-based measures can start to feel quite impersonal. We should remember that each of the individuals that make up those populations being measured may be deeply affected by their individual metrics and the related outcomes. When I was…

Can Primary Care Thrive Outside of Traditional Healthcare Players?

October 22, 2024Garrett Schmitt

The past couple of years have been rocky for companies looking to disrupt the traditional primary care model — with top retailers Walmart and Walgreens announcing that they’re winding down their primary care operations significantly. Others still stand, though the jury is out on whether they can master the tough unit economics that come along…

RECORDED WEBINAR: Are You a Latecomer ACO to APP Reporting? Your Last Minute Options

October 22, 2024Garrett SchmittNo CommentsACO reporting, ACOs, APP, APP measures, eCQM, vbc, Webinar

 Download Slides If you aren’t prepared for APP Reporting because you still think that you can duck APP Reporting with a revised Final Rule, don’t put money on it!  You’ve lost a lot of lead time, but you still have options for APP Reporting.  It’s time for weighing last minute options to meet requirements with the most economical and efficient APP…

Value-Based Care is Growing – Is Your Data Ready?

October 21, 2024Garrett Schmitt

The famous quote “What gets measured, gets managed” is often incorrectly attributed to business guru Peter Drucker. Although Drucker may not believe that maxim entirely, when it comes to value-based care (VBC), only care quality that can be measured and reported matters. Whether it is capitated, bundled, pay-for-performance, or hybrid VBC reimbursement models, the Centers…

Two Unwanted Players in Value-based Care: Fraud and Waste

October 18, 2024Garrett Schmitt

Inherent in their design, Accountable Care Organizations (ACOs) are responsible for the total care of their assigned patient population. Their savings are based on the overall quality, quantity, and cost of care their beneficiaries receive. This alone is no easy feat. Yet, for those ACOs participating in Centers for Medicare and Medicaid Services (CMS) programs,…

The Next Step in Specialty Value-based Care: Introducing the TEAM Model

October 18, 2024Garrett Schmitt

Across late August 2024, the Centers for Medicare & Medicaid Services (CMS) recently finalized the Transforming Episode Accountability Model (TEAM) in the Hospital Inpatient Prospective Payment System Final Rule. This is CMS’ latest attempt to transition all traditional Medicare beneficiaries into an accountable care relationship by 2030. Specialty care strategies are an important piece of…

Medicaid ACOs have not yet improved care for kids with asthma, study says

October 17, 2024Garrett Schmitt

In its first three years of operation, Medicaid’s primary care-focused Accountable Care Organizations (ACOs) in Massachusetts showed “no clear evidence of success” in improving asthma care for children, according to research led by the University of Massachusetts Amherst and UMass Chan Medical School-Baystate Health. The study, published recently in JAMA Pediatrics, compared the asthma care…

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