February 2, 2024 – The Facilities for Medicare & Medicaid Companies (CMS) introduced elevated participation in CMS' Accountable Care Group (ACO) initiatives in 2024. Elevated participation will enhance the standard of look after extra folks with Medicare. 19 newly shaped Accountable Care Organizations (ACOs) are collaborating in a brand new fee program that permits ACOs to obtain pay as you go curiosity funds for the care of underserved populations.

CMS's priorities are to develop entry to reasonably priced care and well being care protection for Medicare recipients throughout the nation. ACOs are teams of physicians, hospitals, and healthcare professionals who work collectively to higher coordinate affected person care and enhance well being outcomes. Accountable Care Initiatives will help ACOs by offering assets and monetary help to healthcare organizations to allow them to ship higher care to sufferers via packages just like the Medicare Shared Financial savings Program and the Innovation Heart's accountable care initiatives.

In 2024, 50 new ACOs joined this system and 71 renewed their participation, bringing the brand new complete to 480 ACOs within the Shared Financial savings Program. In complete, roughly 13.7 million folks with conventional Medicare might be enrolled in an ACO by 2024, in accordance with CMS.

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