CMMI releases three new models aimed at lower generic, novel drug costs

February 14, 2023acoACO care teams, ACO participation, CMMI, CMMS, group practice, MSSP, SDOA, SDOH, SDOHY

The Biden administration rolled out three new payment models intended to lower drug costs, including new Medicare coverage options for drugs cleared under accelerated approval. The release of the three models on Tuesday is in response to an executive order President Biden delivered last year calling for the federal government to search for ways to…

ACO Execs Describe Painful Transition to eCQM Reporting

October 1, 2021Garrett SchmittNo CommentsACOs, CMMS, eCQM, eCQM reporting, EHR, reporting

On Oct. 1, at the NAACOS Fall 2021 Conference, executives from three accountable care organizations described the daunting road ahead in transitioning to the submission of electronic clinical quality measures (eCQMs) to the Centers for Medicare & Medicaid Services. After receiving strong feedback from ACOs about how challenging (and expensive) the transition to eCQMS would…

Should we do away with ACOs? The answer depends on who you ask

September 6, 2021Garrett SchmittNo Commentsaccountable care, ACOs, CMMS, CMS

Though accountable care organizations have been around for more than a decade, their effectiveness at reducing healthcare costs remains a highly debated issue, prompting impassioned condemnations and defenses from experts in the industry. A new study has stirred up the pot once again. The goal of ACOs, that is, entities that take responsibility for the quality and…

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