CMS said Wednesday it is decreasing the risk requirements and pushing back some deadlines for value-based payment models in the wake of the COVID-19 pandemic. The changes are aimed at minimizing reporting burden and increasing flexibilities for providers as they continue to face great financial and logistical challenges from the novel coronavirus. In the Comprehensive Care for Joint Replacement Model, for example, CMS is removing downside risk by capping actual episode payment at the target price for care during the public health emergency, extending the appeals timeline for the third and fourth performance years and extending the fifth performance year through March 2021.
Read the full article: CMS Relaxing More Value-Based Model Requirements in Wake of Pandemic //
Source: https://www.healthcaredive.com/news/cms-relaxing-more-value-based-model-requirements-in-wake-of-covid-19/579114