Accountable care organizations that participate in the Medicare Shared Savings Program are concerned they will be on the hook for penalties and won’t receive shared savings this performance year because of the novel coronavirus. The National Association of ACOs has been hearing from members worried the COVID-19 outbreak will drive up Medicare beneficiary spending this year, ultimately affecting the benchmark used to determine savings and losses in the program. The benchmark uses historical Medicare spending in addition to current performance year spending. “It’s mixing apples and oranges,” said NAACOs Senior Vice President of Government Affairs Allison Brennan.
Read the full article: ACOs Vulnerable to Penalties, No Savings in Light of Coronavirus //
Source: https://www.modernhealthcare.com/finance/acos-vulnerable-penalties-no-savings-light-coronavirus