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.