“Organizations may formally express interest in the Centers for Medicare & Medicaid Services Direct Contracting Model, for 2020 and 2021, until 11:59 p.m. Monday.”
“The deadline, which CMS postponed three days due to technical difficulties, marks a moment of truth for an initiative that some industry stakeholders have said could kickstart value-based primary care.”
“The agency is likely to receive a high number of non-binding letters of intent (LOI), many from organizations that will decide not to complete full applications, says Ashley Ridlon, policy leader at Evolent Health, which submitted an LOI ‘just in case.’”
“Many details, including the benchmark methodology, risk adjustment approach, and capitated payment rate, have yet to be determined, as interested parties await a formal Request for Applications (RFA), Ridlon says.” Read the full article here.
Source: Deadline Arrives to Express Interest in CMS Direct Contracting Model – By Steven Porter, August 5, 2019. HealthLeaders.