News Headlines Article

Medicare ACOs loath to assume risky contracts given short deadline to decide
Modern Healthcare

Experienced accountable care organizations are leaning toward less risky contracts in the recently revamped Medicare Shared Savings Program given the short deadline to apply, but have no plans to exit the program. About one-third of Medicare ACOs have until Feb. 19 to decide if they want to renew their contracts in light of changes made to the program. And although leaders of current ACOs say they won’t be leaving, the short deadline is pushing them to select contracts with less downside risk. “It’s a big deal to make that kind of decision in a month-and-a-half and over the holiday,” said Don Calcagno, president of Advocate Physician Partners, the clinically integrated network in Illinois that’s part of Advocate Aurora Health.