Next Gen ACO Coalition Urges HHS to extend the Next Generation ACO Model through 2022 then as Permanent Option

Washington D.C. (Apr, 2021) – Medicare has led the value movement through a key mechanism found in its accountable care organization (ACO) models. In September 2020, CMS released performance results demonstrating that ACOs have achieved $1.2 billion in annual net savings relative to benchmarks. Among these ACO models, Next Gen stands out as a pathway for participating entities to elect full risk and reward while receiving operational and financial flexibility. In 2019 alone, Next Gen has achieved significant savings of over $558 million. Next Gen ACO Coalition, along with other national trade groups and companies, writes to urge the Department of Health and Human Services (HHS) to immediately extend this model through 2022 and create a permanent full risk ACO option based on Next Gen for the future.

The full letter is available here.

Next Gen ACO Coalition to Co-Host Capitol Hill Briefing on Value Based Care

Washington D.C. (Apr, 2021) – Value-based healthcare policy developments have restructured the healthcare landscape to emphasize the delivery, measurement, and outcomes of care. Over the past ten years millions of Medicare beneficiaries have been served by innovative payment models. These innovative payment approaches have also been deployed within private coverage. Innovative healthcare providers are successfully delivering improved patient care at lower costs through two-sided risk-based payment models like bundled payment arrangements and accountable care organizations.

Next Gen co-hosted a virtual educational boot camp on April 8, 2021 focused on understanding and implementing value-based healthcare payment and delivery system reform. Hear directly from some of the nation’s leading providers and health systems on the barriers they’ve overcome transitioning to alternative payment models and key actions Congress can take to ensure the success of value-based payment initiatives.

Fee-for-Service to Value: 10 Years of Transforming Healthcare

Watch the full video here.

Next Gen ACO Coalition Applauds Model Savings of $559 Million in 2019

Washington D.C. (Jan, 2021) – Next Generation Accountable Care Organizations (Next Gen ACOs) collectively saved $559 million last year, according to partial performance data from the Centers for Medicare & Medicaid Services (CMS). In addition, Next Gens maintained an average quality score of 93.7%. The release shows financial and quality performance for 37 of the 41 Next Gens participating in the model in 2019.

The Next Gen ACO model tests the highest levels of financial risk, reward, and accountability in traditional Medicare. Since 2016, Next Gen ACOs have been leading the health care system’s transformation from volume to value. The model is currently set to sunset at the end of 2021. The Next Gen ACO Coalition is calling on the new Administration to make this model a permanent part of the CMS value-based care portfolio.

The press release is available here.

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The Next Gen ACO Coalition includes 20 ACOs committed to advancing two-sided risk models. Throughout the COVID-19 pandemic, these ACOs have used their investments in population health to provide care to their communities in new and innovative ways. Read more about our ACO resilience case studies here.