News Headlines Article

ACOs say Medicare rule doesn’t bend far enough
Modern Healthcare

Despite the Obama administration’s efforts to retain and attract participation in the Medicare Shared Savings Program for accountable care organizations, some may walk away because the agency failed to budge on some of their concerns. The ACO initiative creates financial incentives for providers to reduce costs while meeting quality benchmarks. In a rule updating the program, which was outlined in the Affordable Care Act and launched in 2012, the agency finalized a proposal to allow ACOs to stay in the program longer than three years without progressing to a track that includes downside risk— meaning they would have to return money to Medicare if they fail to reduce costs.