ACO REACH: The First Performance Year is organized by Post-Acute and Long-Term Care Medical Association (PALTmed).
Release Date: 03/29/2023
Expiration: 03/01/2026
Description:
This presentation will coherently cover the new risk-sharing payment model by CMS. On January 1st, 2023 CMS will launch this new model morphing existing Direct Contracting Entities and ACOs into one structure. ACO REACH presents a unique opportunity for practice groups to take on global risk and participate in up to 100% of the savings, functioning as a health plan. Traditional commercial health plans were not able to participate, putting clinicians in the captain chair for managing Medicare risk. There were 270 new applications with nearly 50% approved, of which 38% were risk-bearing programs for high-needs members. The high-needs population is often the focus of clinical practice providers for PALTC members. The panel presentation will describe the design, overview and requirements to operate this new program. The presentation addresses the vital role of Clinicians in ACO REACH.
Learning Objectives:
At the completion of this session, learners will be able to:
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