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How Accountable Care Organizations Can Survive the Next Healthcare Crisis

How Accountable Care Organizations Can Survive the Next Healthcare Crisis

October 8, 2020Jeff BendixNo CommentsMedical EconomicsPopulation Health I: Patient Services & Ancillary Care,Population Health II: Software Tools & Data Analytics,Care Management & Coordination,Preventative Screening,Home Health,Actionable Lists & Dashboard Systems,Remote Patient Monitoring,Telehealth,Social Determinants of Health (SDOH),Clinically Relevant Care Models,Medicare ACOs/MSSP,Data Quality and Validation,Covid-19 / Coronavirus

Medical providers of all types have faced significant challenges to their finances and operations during the COVID-19 pandemic as patient volume declined and expenses for items such as personal protective equipment soared.

For accountable care organizations (ACOs), many of which take on greater risk than other providers through value-based care arrangements, the challenges have been particularly acute. In a survey of 225 ACOs near the beginning of the pandemic, 80% said they were “very concerned” about their financial performance in 2020.

ACOs did obtain some relief, however, when the U.S. Centers for Medicare and Medicaid Services (CMS) announced that its Next Generation ACO model would be extended an additional year through December 2021, and offered adjustments to payment methodologies for certain alternative payment models.

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