Is there any Quality Performance Standard for ACO Reporting?
The role of accountable care organizations (ACOs) has been made very clear since their formation. They are basically the groups of providers that collectively work for population health management. Throughout their course of serving patients, they strive hard to improve patient care while reducing the cost of care. Just like MIPS reporting for providers, CMS has another path, called ACO reporting for all Medicare ACOs. They collect the data as per the applicable measure and forward it to CMS. Every year, CMS examines this data and checks whether an ACO is doing well or not. Afterward, it decides their qualification or eligibility for shared savings payments. However, current updates for Medicare ACO providers show that their reporting requirements are soon going to change. Probably by 2025, CMS is planning to do so. We can say that CMS has completed the multi-year transition period for updating ACO reporting requirements. The primary motive for doing so still empowers the main mott...