News Headlines Article

CMS Offers Some ACOs $114M for ‘Upfront’ Costs
HealthLeaders Media

The federal government is offering to loan up to $114 million to 75 accountable care organizations serving Medicare beneficiaries in rural and underserved areas to help cover the upfront costs of redesigning care processes and building IT infrastructure.

“The ACO investment model will give Medicare accountable care organizations more flexibility in setting quality and financial goals, while giving them greater accountability for delivering quality care efficiently,” said Marilyn Tavenner, administrator of the Centers for Medicare & Medicaid Services, in prepared remarks.