aamc.org does not support this web browser. Learn more about the browsers we support.

New section

Content Background

New section

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

May 15, 2020

New section

New section

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.

New section

New section