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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 and provider of home-based palliative care and telemedicine. With the addition of ResolutionCare's ...
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 won't be easy for companies to profit. Experts say the companies will have to improve care and lower medical costs to succeed. Clover Health, Iora Health, Oak Street Health, VillageMD, and a number of other hot healthcare upstarts are all partic...