ACOs (Accountable care organizations) and the Medicare Shared Savings Program also bring a greater Concentration on value-based care reimbursement for various hospitals and medical services.
The Centers for Medicare & Medicaid Services (CMS) has undergone important reforms in recent years in case to decrease wasteful healthcare spending and make better the sufferer health results around the country. Few of these changes involve the creation of the Medicare Shared Savings Program and its subsequent ACOs as well as the Comprehensive Care for Joint Replacement (CJR) model, which contains offering bundled payments to serves that perform joint replacement surgery.
Significantly, CMS has had a powerful interest in widening value-based care reimbursement throughout the country over the last various years. Both ACOs as well as bundled payments bring more concentrated on reimbursing contributors for the quality of care and results rather than the volume of services like in the fee-for-service payment network.
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