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Many ACO’s may bail out of program because of pandemic

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FierceHealthcare reports that a recent survey of risk-based Accountable Care Organizations found that “56 percent are likely to leave the program due to concerns about having to repay losses stemming from the COVID-19 outbreak.”

“The survey released Monday by the National Association of ACOs comes as health-care facilities are struggling to stay afloat due to financial pressures from the outbreak. Risk-based ACOs also have a major deadline of May 31 to give notice to the Trump administration to avoid paying losses or get any shared savings.”

“Medicare’s decade-long effort to change how we pay for health care to better reward quality and outcomes may be lost unless Washington acts quickly to throw these providers a lifeline,” said NAACOS president and CEO Clif Gaus.

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