CMS Reports $70 Million in Medicare Savings through Direct Contracting Model in 2021
Fierce Healthcare reported that Medicare saved $70 million in 2021 through its direct contracting model, which pays providers population-based capitated rates, according to data from the Centers for Medicare and Medicaid Services (CMS). The savings were generated by 53 organizations from April through December 2021, with 38 organizations earning $47 million in shared savings. The model has been revamped to address health equity and will transition to the Accountable Care Organization Realizing Equity, Access and Community Health (REACH) Model in 2023. Read More.
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