If Medicaid ACOs were approved in the state, North Carolina would spend $987 million less on Medicaid over five years, according to the report. The plan still needs approval from the state legislature and federal government.
The state’s deputy secretary of the N.C. Department of Health and Human Services is pushing for the proposal. “This is a good plan. It puts providers first. It’s patient-centric. It addresses costs,” Robin Cummings, MD, told The Pilot. “I have totally bought into it.”
North Carolina’s Medicaid program makes up $3.5 billion of the state’s $20.6 billion budget, according to the report.
If the proposal is approved, North Carolina will join the ranks of states like Oregon and Vermont that have already rolled out Medicaid ACOs.
More Articles on Accountable Care Organizations:
5 Key Decisions for Future Medicare Shared Savings ACOs
Meet the Winners and Losers of Accountable Care
Majority of Physician Practices Avoiding ACOs, Study Finds
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit