02 Feb CMS Reports Dramatic Increase in Medicare Shared Savings Program (MSSP) ACO Participation
Reinforces need for MSSP ACOs to prepare for the 2025 deadline for APP quality measures reporting
The Center for Medicare and Medicaid Services (CMS) recently announced that there are a total of 480 Accountable Care Organizations (ACO) participating in the Medicare Shared Savings Program (MSSP), which is the largest number to date.
Overall, this number includes 50 new ACOs, 71 renewing ACOs, as well as the 19 ACOs participating in the new payment option.
In addition, CMS notes that participating MSSP ACOs will be able to take advantage of a permanent payment option beginning in 2024 that is enabling these ACOs to receive more than $20 million in advance investment payments (AIPs) for caring for underserved populations.
NAACOS also issued a press release applauding this new growth, but also noted that CMS should be improving quality reporting requirements to make it less burdensome for ACOs.
This reinforces how MSSP ACOs need to prepared for the CMS-mandated 2025 deadline for reporting either eCQMs or CQMs for all patients, payers and health practices.
IMAT Solutions has been on the forefront of helping MSSP ACOs meet these reporting requirements through data aggregation and de-duplication capabilities, as well as through implementing comprehensive performance reviews.
Specifically, IMAT Solutions helps MSSP ACOs aggregate and integrate data from multiple sources in real-time for meeting the upcoming eCQMs and CQMs reporting and QPP submission requirements for:
• Diabetes: Hemoglobin A1c (HbA1c) Poor Control
• Preventive Care and Screening: Screening for Depression and Follow-up Plan
• Controlling High Blood Pressure
For example, the IMAT platform enables MSSP ACOs to aggregate, validate, normalize, and effectively utilize all structured and unstructured data gathered from the participating healthcare community. It is also possible to output this data in a standard format that can be used for reporting, processing and analysis.
In addition, IMAT Solutions is offering a wide-range of informational resources for helping MSSP ACOs meet these reporting requirements:
• Landing Page: Need Help Meeting the 2025 Deadline for APP Quality Measures Reporting?
• Video: How to Meet the 2025 Deadline for APP Quality Reporting
• Blog: MSSP ACOs: Meet 2025 Deadline for APP Quality Measures Reporting
• Blog: CMS Wants to Expand Medicare Shared Savings Program
• Blog: Medicare Shared Savings Program Continues to Deliver High-Quality Care and Savings
Are you ready to meet the CMS-mandated 2025 deadline for reporting either eCQMs or CQMs for all patients, payers and health practices? Now’s the time to get prepared, and IMAT can get you on this path to compliance! Contact us today!