A select group of primary care practices will receive financial incentives to support enhanced, coordinated services on behalf of Medicare fee-for-service beneficiaries, the Centers for Medicare & Medicaid Services announced Wednesday.
Some 500 primary care practices in eight states have been chosen by CMS to participate in a four-year pilot called the Comprehensive Primary Care Initiative (CPCI).
The 2,100 individual providers will receive payment from both government and commercial payers to deliver care to more than 300,000 Medicare fee-for-service beneficiaries.
CMS will pay a management fee that will average $15 to $20 per beneficiary per month. Other government and commercial payers will offer enhanced payments to the primary care practices. After two years providers will have a chance to share in any savings they generate.