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Premier sent a letter to the Centers for Medicare & Medicaid Services (CMS) urging the agency to delay the launch of the Direct Contracting Geographic (Geo) Model and improve its design to increase provider participation in the model. Premier also called on CMS to test aspects of the model in other alternative payment models.
Participants in the model would assume full risk with 100 percent shared savings/losses for all Medicare fee-for-service beneficiaries in a defined target region. Premier urged CMS to:
Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,350 U.S. hospitals and health systems and approximately 300,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.
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