ACO TRACK 1+: REVENUE SHARING FOR SMALL PROVIDERS
At the end of 2016, CMS announced a new Advanced Alternative Payment Model (APM) for Track 1 participants and small providers, or even hospitals, who want to create an Accountable Care Organization. The ACO Track 1+ model is a hybrid of Track 1 and Track 3. While Track 1 is a one-sided risk model, Track 1+ incorporates the two-side risk model with the more popular elements of Track 1.(1) As with all existing ACO models, Connect Care Plus is a qualified third-party service provider that will help you meet ACO quality goals.
By combining different Track aspects, CMS minimized the risk for participants in Track 1+ through lower loss sharing rates and incorporating the flexibility of both Track 2 and Track 3. ACO Track 1+ is a great option for organizations that want to be part of an Advanced APM and receive the five percent incentive payment in 2019 for participation in 2017.(2) Participation will also give you the opportunity to avoid the penalties that non-MSSP participants will incur in 2019.