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Medicare Announces Geographic-Based Approach to Value-Based Care | King & Spalding - Vimarsana News

Medicare Announces Geographic-Based Approach to Value-Based Care | King & Spalding

To embed, copy and paste the code into your website or blog: On December 3, 2020, CMS unveiled a new payment and care delivery model, the Geographic Direct Contracting Model (Model). The Model is a geographic-based approach to value-based care aimed at improving the quality of care and reducing costs for Medicare beneficiaries across an entire geographic region. This new experimental program advances Medicare’s shift towards value-based care. The Model will enable Direct Contracting Entities (DCEs) to build integrated relationships with healthcare providers and community organizations in a ...

CMS Announces New Geographic Direct Contracting Model: Letters of Interest Due by December 21, 2020 | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

CMS Announces New Geographic Direct Contracting Model: Letters of Interest Due by December 21, 2020 | Sheppard Mullin Richter & Hampton LLP

On December 3, 2020, Centers for Medicare & Medicaid Services (“ CMS”) announced key details concerning a new value-based reimbursement and patient care model – the Geographic Direct Contracting Model (the “ Model” or “ Geo”). Geo is a geographic-based approach to value-based Medicare reimbursement and patient care that focuses on improving health outcomes and decreasing the cost of care across an entire geographic region. Direct contracting entities (“ DCEs”) participating in the Model will be taking responsibility for the total cost of care of Medicare fee-for-service bene...