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Many Medicare ACOs would quit rather than face risk next year
Modern Healthcare: Most accountable care organizations say they will disband if the CMS forces them to take on financial risk next year.
ACOs that started in the Medicare Shared Savings Program (MSSP) Track 1 in either 2012 and 2013 are supposed to move to a risk-based model by their third contract periods which begin next year, according to Obama-era regulations.
The National Association of ACOs surveyed 82 ACOs that began in those years and 71% of them said they are likely to leave the MSSP if they must assume risk, according to a report released Wednesday.
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