Recent CMS payment model; how it effects Oncology?

[MD46]

I was going through the news recently and this popped up. Tried to do my own search but didn't get a clear answer.
Was wondering how this will effect reimbursements in the near future. Good or Bad for us Oncologists?

Biden Administration Announces New Model to Improve Cancer Care for Medicare Patients | CMS

Enhancing Oncology Model Aims to Improve Patient-Centered Care, Lower Health Care Costs, and Address Health Equity as Part of President Biden’s Cancer Moonshot

www.cms.gov

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[HemeOncHopeful19]

My guess looking over it would be

-Bad for private practice (extra regulations/boxes to check and staff needed to jump through hoops)

-Good for administrators (bonus payments for making your staff jump through hoops and click boxes)

-Neutral for employed docs (I doubt admin shares any extra money with the docs)

My favorite part is the

• Requiring participating providers to develop plans showing how they will address health equity gaps in their patient population.

As if health equity gaps are somehow the physicians’ responsibility to fix and not a societal issue that would fall under the functions of a government.

 

[Fpg1245]

My guess looking over it would be

-Bad for private practice (extra regulations/boxes to check and staff needed to jump through hoops)

-Good for administrators (bonus payments for making your staff jump through hoops and click boxes)

-Neutral for employed docs (I doubt admin shares any extra money with the docs)

My favorite part is the

• Requiring participating providers to develop plans showing how they will address health equity gaps in their patient population.

As if health equity gaps are somehow the physicians’ responsibility to fix and not a societal issue that would fall under the functions of a government.

Medicare and admins do live free work

 

[gutonc]

I've got $5 on this going the way of the OCM in a few years. I'm not going to ignore it, but I'm not going to get my knickers in a bunch about it either.

 

[bobow98]

Unlike OCM you are open to 2 sided risk the entire duration. Definitely cannot be ignored.