Larry Kocot Mentioned in “Providers Faced with Too Much Risk When Setting Up ACOs, Lawmaker Says”Bloomberg BNA's Health Care Daily Report January 26, 2015
S. Lawrence Kocot, a Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Washington, DC, office, was mentioned in Bloomberg BNA’s Health Care Daily Report, in “Providers Faced with Too Much Risk When Setting Up ACOs, Lawmaker Says,” by Michael D. Williamson.
Following is an excerpt:
In a Jan. 22 analysis, a research team composed of Mark McClellan and Ross White, both of the Brookings Institution, and S. Lawrence Kocot, an attorney with Epstein Becker & Green, PC, said the MSSP ACO “has achieved significant overall savings and even more notable quality results,” but it will require further changes to attract and sustain organizations that are effectively reforming care. McClellan was administrator of the CMS under President George W. Bush. …
More than half of all MSSP participants reduced spending “relative to their benchmark in their first performance year,” the research team said. Ultimately, 52 of the 118 MSSP ACOs that reduced spending relative to their benchmarks earned shared savings, the researchers said.
More data “about ACO features and activities should be developed and shared so that we can better learn about what has worked for organizations so far,” they said.
In addition, the MSSP could be changed so it reduces uncertainty by “providing a clearer long-term path to financial sustainability for organizations that are implementing accountable care,” the analysis said. The researchers also called for “revisions in MSSP policies around benchmarks, risk requirements, and other factors.”