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CMS’ Center for Medicare and Medicaid Innovation on Thursday unveiled its highly anticipated Geographic Direct Contracting Model.
The model—dubbed “Geo”—aims to improve health outcomes and lower healthcare costs for Medicare’s fee-for-service beneficiaries across entire geographic regions by encouraging participants to work together to improve care coordination and care management. So-called direct-contracting entities, the Innovation Center’s new name for accountable care organizations, “will implement regionwide care delivery and value-based payment,” CMS said in a fact sheet.