CMS releases three initiatives to grow Medicare ACO participation

January 18, 2023acoCMS, healthcare, healthcare providers, hospital, Medicare, MSSP

To advance its goal of having 100% of people in traditional Medicare in an accountable care relationship in seven years, the Centers for Medicare and Medicaid Services has announced three initiatives in the Medicare Shared Savings Program and the ACO REACH and Kidney Care Choices models. More than 700,000 healthcare providers and organizations will participate…

What Is Value-Based Care, What It Means for Providers?

March 2, 2022acohealthcare providers, vbc

Value-based care is a form of reimbursement that ties payments for care delivery to the quality of care provided and rewards providers for both efficiency and effectiveness. This form of reimbursement has emerged as an alternative and potential replacement for fee-for-service reimbursement, which pays providers retrospectively for services delivered based on bill charges or annual…

Small Providers Unlikely to Abandon Fee-for-Service Reimbursement

September 20, 2021Garrett SchmittNo Commentsalternative payment models, APMs, fee-for-service, healthcare providers, Hospitals, value-based care, vbc

Fee-for-service reimbursement is still an integral part of the healthcare system as providers are scattered along a spectrum of payment models, Emily Sokol, director of research at Xtelligent Healthcare Media, explained on Healthcare Strategies. An Xtelligent Healthcare Media Insights report shed light on how pervasive fee-for-service reimbursement models are in today’s healthcare system. Over 200 providers responded to…

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