Recently, the Centers for Medicare and Medicaid Services (CMS) released the Request for Applications (RFA) for Cohort 2 of the Primary Care First (PCF) Model. Practices that participate in PCF will have flexibility in terms of care delivery and the opportunity to increase practice revenue through performance-based model payments. The deadline for practice applications is April 30, 2021; the deadline for payer applications is May 28, 2021.
The PCF Model tests whether the way Medicare pays for advanced primary care—shifting from a fee-for-service to a value-based payment approach—can positively affect quality of care and reduce total Medicare expenditures. By tying performance based payment adjustments to health outcomes, the PCF Model seeks to improve advanced primary care for participating practices and patients alike.
What this means for model participants:
- You have greater independence and can tailor care delivery approaches to meet the special needs of your patients.
- You have the opportunity to prioritize the doctor-patient relationship.
- You are supported in offering patients increased access to care, greater engagement in the decision-making process and enhanced care coordination.
PCF Cohort 2 will have five performance years and is scheduled to begin in January 2022. You can access the RFA, practice application, and more information on the PCF Model, on the CMS Primary Care First website, here.
In this third, and final webinar in the series, the Primary Care First Model team will provide an introduction to the Primary Care First Model, covering concepts to assist you in successfully completing the Primary Care First application including a brief overview of the application portal, components of the application, practice and practitioner types, model readiness, care delivery, and application best practices, featuring insights from Cohort 1 practices. CMS will then answer your practice’s questions live!
This webinar will be held on March 31, 2021, from 3:00 p.m. to 4:00 p.m. ET.
Click here to register.