Page 12 - Direct Contracting News Today

Many of us have been waiting to hear the final word about what’s next from CMS for the Next Generation ACO Model. On May 21, 2021, CMS’s Innovation Center (“CMMI”) confirmed that the...

Vynca Acquires Virtual Palliative Care Provider ResolutionCare, Introduces Serious Illness Management Platform Combined Entity Provides a Comprehensive, Whole-Person Approach to Provide Care to the Most Vulnerable and Underserved Individuals with Serious Illness News provided by Share this article Share this article PALO ALTO, Calif., June 3, 2021 /PRNewswire/ -- Vynca, a national leader in advance care planning, today announced that it has acquired California-based ResolutionCare, an innovator...

CMS’s Innovation Center CMMI confirmed that Next Generation ACO Model; most advanced value-based contracting model offered by CMS with participating risk-bearing entities taking between 80%-100% upside and downside risk would not be extended and will conclude at the end of this year as planned.

In a move that ACOs found "disappointing," CMS has declined to extend the Next Generation ACO Model beyond 2021. Though evaluations have found that the model did not generate net savings for Medicare, proponents argue that the program was successful.

Tony Luong for Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. A Medicare program that kicked off April 1 promises healthcare upstarts more patients and revenue. But little-known details about the program show that it wont be easy for companies to profit. Experts say the companies will have to improve care and lower medical costs to succeed. Clover Health, Iora...

VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program What You Should Know: – U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageMD is the largest participating sponsor. VillageMD estimates it will serve more than 56,000 patients through its growing footprint of Village Medical primary care clinics, in eight states, including Arizona, Georgia, Illinois, Indiana, Kentucky, M...

CMS Launches its New Direct Contracting Program; VillageMD is the Largest Participating Sponsor The Companys "Village Medical" primary care clinics will support the initiative in eight states to care for patients with chronic conditions News provided by Share this article Share this article CHICAGO and WASHINGTON, May 11, 2021 /PRNewswire/ -- U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageM...

Five things to know about Privia Healths outsized IPO Modern Healthcare Illustration / Getty Images Investors flocked to Privia Health during its initial public offering, with the Arlington, Va.-based physician enablement platforms stock price soaring to nearly $35 per share, far above its initial expectation of $23. The company had aimed to raise approximately $516 million through the sale of 22.4 million shares. But its strong performance in the public markets means it generated $778.4 milli...

Photo by Cavan Images/Getty Images Health insurer Humana will begin contracting with healthcare providers to offer coordinated care for patients who are beneficiaries of original Medicare. Humana is known for offering Medicare Advantage plans. The new program will be facilitated through a value-based model called the Direct Contracting Model, in which the Humana Direct Contracting Entity will operate as Humana Care Solutions. The goal of the model is to improve care quality, health outcomes and...

Collaborative Health Systems Welcomes New Providers for Direct Contracting in 2022 Providers have the opportunity to participate in Direct Contracting model after application window closes News provided by Share this article Share this article TAMPA, Fla., April 19, 2021 /PRNewswire/ -- Collaborative Health Systems (CHS), a management services organization, announced today the formation of a new Direct Contracting Entity (DCE) available to providers unable to apply to the Global and Profession...