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Centers for Medicare and Medicaid Services announces 51 direct contracting entities
Healthcare Finance: The Center for Medicare and Medicaid Innovation has announced that 51 provider and accountable care organizations are participating in direct contracting, the new risk model that has evolved from Next Generation.
The implementation period, which began in October and runs through March 31, 2021, provides time for the direct contracting entities to prepare for the first performance year which starts on April 1, 2021. Organizations need to sign up beneficiaries, build a history of claims data, and establish care coordination practices before financial accountability starts in April.
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