CMS did not name the organizations that are leaving the Pioneer ACO program.
In a separate announcement, the University of Michigan Pioneer ACO announced its physician groups are planning a transition into the MSSP program.
The Shared Savings Program has less financial risk than the Pioneer ACO program, potentially making it more attractive to organizations that are struggling to achieve financial results.
CMS recently released first-year results of the Pioneer ACO program.
More Articles on Pioneer ACOs:
Tackling Reporting Challenges: One ACO’s Approach
Managing ESRD Patients: One ACO Shares Its Strategy
ACOs: The Least Agreed-Upon Concept in Healthcare?
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.