Next Generation model | VBCExhibitHall Library

Next Generation ACO Model Has Saved Medicare $667M, So Far

October 21, 2021Garrett SchmittNo CommentsACO, ACOs, alternative payment models, APMs, CMS, Medicare, Medicare savings, Next Gen, Next Generation, Next Generation ACOs, Next Generation model

The Next Generation Accountable Care Organization (ACO) Model has saved Medicare millions of dollars over the past four performance years. But with one more year to go due to the COVID-19 pandemic, the Model is actually operating at a loss. Next Generation ACOs have saved Medicare nearly $667 million thanks to reductions in Parts A…

What ACOs should do now that CMS won’t extend the Next Gen ACO model through 2022

August 23, 2021Garrett SchmittNo Commentsaccountable care, ACO, ACOs, CMS, Next Gen, Next Generation, Next Generation ACOs, Next Generation model

Accountable care organizations (ACOs) were understandably disappointed in mid-May when the Centers for Medicare and Medicaid Services (CMS) announced that its Next Generation ACO Model would not be extended into 2022. Launched in 2016, the CMS model provides experienced ACOs with a way to assume higher financial risks and rewards offered through the Medicare Shared…