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...