Saturday, October 5, 2024

Fierce Healthcare: CMS launches new alternative payment model for rural healthcare providers

“The Trump administration has launched a new payment model to provide upfront investments to rural healthcare providers.”

“The Centers for Medicare and Medicaid Innovation (CMMI) will use the model to test whether seed funding, predictable capitated payments, and operational and regulatory flexibilities will enable rural health care providers to improve access to high quality care while reducing health care costs, according to a release issued Tuesday.”

“The Community Health Access and Rural Transformation (CHART) model builds on an executive order issued by President Donald Trump issued last week to support healthcare in rural areas. Trump directed the Department of Health and Human Services (HHS) to set up a new voluntary pilot payment model…”

“The CHART Model will feature two options for provider participation: the community transformation track and the accountable care organization (ACO) transformation track.”

“As part of the community transformation track, the Trump administration is investing up to $75 million in seed money to enable up to 15 rural communities to participate…” Read the full article here.

Source: CMS launches new alternative payment model for rural healthcare providers – By Heather Landi, August 11, 2020. Fierce Healthcare.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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