The Centers for Medicare and Medicaid Services posted the letter of intent (LOI) for organizations interested in either the Professional Population Based Payment or Global Population Based Payment options of the new Direct Contracting model. The LOI must be received by August 2, 2019. Organizations that wish to participate in the model must submit an LOI, which is non-binding.
Direct Contracting is a set of voluntary payment model options that test the next iteration of risk sharing arrangements in traditional Medicare. The models build on the Medicare Shared Savings Program and the Next Generation Accountable Care Organization programs. Additional background information is available here.
For more information visit the McDermottPlus Payment Innovation Resource Center or contact Mara McDermott at email@example.com.