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AAMC Joins Coalition Letter Asking CMS to Support ACOs During COVID-19

May 15, 2020

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CONTACTS
Gayle Lee, Director, Physician Payment & Quality

The AAMC and eight other leading health care organizations sent a May 14 letter to Centers for Medicare and Medicaid Services (CMS) Administrator Seema Verma asking for changes to support accountable care organizations (ACOs) during the COVID-19 pandemic.

The groups emphasized the importance of maintaining participation in alternative payment models. Specifically, the groups asked CMS to:

  • Address the continued uncertainty presented by the pandemic by giving ACOs an option to be fully protected from losses in exchange for a reduced shared savings rate of no less than 40%.
  • Extend the current deadline to voluntarily terminate participation in the Shared Savings Program to no sooner than October 31.
  • Reverse its decision to cancel the 2021 Shared Savings Program’s application cycle.
  • Pay ACO shared savings payments and advanced alternative payment model bonuses as soon as possible.

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