By Blair Childs, Senior Vice President, Public Affairs
The Premier healthcare alliance congratulates Senators Cortez Masto (D-NV) and Pat Roberts (R-KS) for the introduction of legislation rewarding providers, particularly in rural areas, for their contributions to improving quality and reducing costs in the Medicare Shared Savings Program (MSSP).
Medicare’s current benchmarking methodology undermines accountable care organizations (ACOs), particularly in rural areas, despite their success in reaping significant savings for Medicare. The Rural ACO Improvement Act (S. 2648) corrects this flaw and helps prevent a “race to the bottom” by removing ACO beneficiaries from the benchmark calculation.
This flaw discourages providers from investing time, technology, and resources into these care innovation efforts, which achieved nearly $740 million in savings in 2018 alone. We urge Congress to act this year to pass S. 2648.