The company’s received second-best performance during its first year as a high needs track ACO REACH participant

NASHVILLE, Tennessee—HarmonyCares, a provider of value-based in-home care, announced that its Medicare care coordination company, HarmonyCares ACO LLC, achieved a net savings rate of 23% in its first performance year (2023) as an accountable care organization realizing equity, access and community health (ACO REACH) participant.

Following the $2 billion urinary catheter scam, CMS is attempting to crack down on ACO fraud

WASHINGTON—On June 28, 2024, the Centers for Medicare & Medicaid Services (CMS) issued the proposed rule entitled, “Medicare Program: Mitigating the Impact of Significant, Anomalous, and Highly Suspect Billing Activity on Medicare Shared Savings Program Financial Calculations in Calendar Year 2023” (CMS-1799-P).