Provider groups say accountable care organizations (ACOs) need until Oct. 31 to decide whether to leave the Medicare Shared Savings Program (MSSP) due to the COVID-19 pandemic. Currently, ACOs have until June 1 to decide whether to terminate their contract with MSSP. But providers have been worried they could soon see an exodus of ACOs leaving the program to avoid losses, especially if the June 1 deadline holds. But pushing back the timeline will “give ACOs more time” to understand a series of new rules to mitigate the impact of the COVID-19 pandemic, according to a letter from nine groups sent to the Centers for Medicare & Medicaid Services.
Read the full article: Providers Press CMS to Extend Deadline on Whether an ACO Can Quit to Oct. 31 //
Source: https://www.fiercehealthcare.com/payer/providers-press-cms-to-extend-a-deadline-whether-aco-can-quit-to-october-31