ACOs Seek CMMI Transparency for Downside Financial Risk Adoption
The National Association of ACOs and others say increased CMMI transparency will accelerate downside financial risk adoption by providing stability for providers.
In an effort to promote downside financial risk adoption, accountable care organizations (ACOs) and other providers are calling on the CMS Innovation Center (CMMI) to increase transparency and improve stability.
The National Association of ACOs (NAACOS) and others are specifically seeking a more methodical and public process for releasing and updating alternative payment models (APMs) run by the federal agency’s innovation arm.
“To accelerate participation in APMs and the move to performance-based risk, we request that the Innovation Center continue to take steps to improve transparency and stability,” they stated in the March 26 letter to CMS Administrator Seema Verma and Deputy Administrator of CMMI Adam Boehler.
“As you know, responsibly moving to higher levels of financial risk requires a steady and predictable payment environment. This allows organizations to plan their budgets and care coordination activities and to predict how they will fare under any given model. Creating a clarity and stability for model design will encourage provider organizations to move to higher levels of risk and reward more quickly.”
