The CMS recently finalized changes to the Medicare Shared Savings Program that require participants to enter a downside-risk track within three years. The original timeline was six years. “We are seeing strong interest,” said Asit Gosar, CEO of Evolent Care Partners, which has an ACO client with independent primary-care practices assigned 60,000 Medicare beneficiaries. “We are talking to over 30 organizations … They see an advantage in working with someone who gives them the capital as opposed to doing that all by themselves with thin balance sheets.” Similar to other ACO enablers, Evolent takes a share of the bonuses as well as a percentage of the losses should they occur. For small independent physician practices or hospitals, the support financially from ACO enablers encourages them to take the plunge to risk.
Read the full article: ACO Consultants Getting More Attractive as Downside Risk Approaches //
Source: https://www.modernhealthcare.com/accountable-care/aco-consultants-getting-more-attractive-downside-risk-approaches