Source: Modern Health Care
An experiment to comprehensively redesign advanced primary care is showing signs of progress, the Centers for Medicare and Medicaid said recently in announcing the results of the second performance year of its Comprehensive Primary Care initiative (CPCi).
Of the 481 participating practices, 95% met quality of care requirements and four of seven regions shared in savings, according to CMS. In 2015, the program generated $57.7 million in gross savings across Medicare Parts A and B — slightly less than the $58 million CMS paid out in care management fees. These gross savings nearly doubled from the first shared savings performance year, in 2014.
The CPCi launched in October 2012 under the CMS’ Innovation Center. The four-year, multi-payer project encompassed seven regions including parts of Ohio.
Providers that participated had the chance to share in savings by receiving population-based care management fees for providing five primary care functions. Those five functions, risk-stratified care management; access and continuity; preventative care and planned care for chronic conditions; patient and caregiver engagement; and care coordination across different medical facilities—were aimed at improving care and lowering costs.
Read the full article on the Modern Health Care website.