CMS Announces Changes That Will Improve Quality of Care for Medicare Beneficiaries in 2023
3 Innovative Initiatives Will Help CMS Achieve Goal of 100% of Traditional Medicare Beneficiaries in Accountable Care Relationships by 2030
By: Catie Hillard
January 19, 2023 – On January 17, 2023, the Centers for Medicare & Medicaid Services (CMS) announced three accountable care initiatives that will grow and provide higher quality of care to over 13 million Medicare beneficiaries in 2023.
CMS is expecting that over 700,000 health care providers and organizations will participate in at least one of the three CMS accountable care initiatives. These include the Medicare Shared Savings Program (Shared Savings Program), the Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH) Model, and the Kidney Care Choices (KCC) Model.
“Through the CMS accountable care initiatives and working with our partners, we have made significant progress in addressing our greatest health care challenges,” said CMS Administrator Chiquita Brooks-LaSure. “Health care providers coming together as Accountable Care Organizations provide high quality and equitable care to people with Medicare while improving the sustainability of the Medicare program.”
In 2022, CMS released its vision for increasing access to accountable care in an effort to bring coordinated, high-quality care to patients through the adoptions of ACOs and by supporting organizations new to value-based care. The growth of these programs furthers the CMS goal of having all people with Traditional Medicare in an accountable care relationship with the health care provider by 2030.
To read the full press release from CMS, which includes links to the various accountable care initiative fact sheets, please click here.
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