The Centers for Medicare & Medicaid Services (CMS) Innovation Center announced a Letter of Interest (LOI) for a new geographic model option within the Direct Contracting portfolio. The geographic model would transfer full financial risk for a minimum of 30,000 Original Medicare beneficiaries in a defined geographic market to interested entities such as health plans, accountable care organizations (ACOs), health systems or healthcare providers.
Below we outline key considerations for those evaluating the Geographic Direct Contracting Model opportunity. CMS plans to begin the first three-year performance period for this model on January 1, 2022, and anticipates a second three-year performance period starting January 1, 2025. Read More: JDSupra