The CMS is making changes to Medicare’s accountable care organization program in an effort to jumpstart participation that has recently plateaued, Healthcare Dive reports.
Beginning in January 2024, ACOs that don’t have experience with performance-based risk will be able to stay in a one-sided risk arrangement for up to seven years before transitioning to two-sided risk. With one-sided risk, the ACO can share in savings but does not have to take losses as they do in two-sided risk.
Also, ACOs new to the program will get a one-time payment of $250,000 and quarterly payments for the first two years of participation. Read more.
