Establishes a full risk ACO program under Medicare to improve care for beneficiaries.

The bill amends title XVIII of the Social Security Act to establish a full risk ACO program. This program allows groups of health care professionals to manage and coordinate care for Medicare fee-for-service beneficiaries through a standard or complex care full risk ACO. The program aims to improve health outcomes while reducing costs. Participants will be paid in a manner that incentivizes high-quality care tailored to beneficiaries' needs. The Secretary of Health and Human Services will develop risk corridors, risk adjustment methodologies, and quality performance standards.

Establishes a full risk ACO program under Medicare to improve care for beneficiaries.

The bill amends title XVIII of the Social Security Act to establish a full risk ACO program. This program allows groups of health care professionals to manage and coordinate care for Medicare fee-for-service beneficiaries through a standard or complex care full risk ACO. The program aims to improve health outcomes while reducing costs. Participants will be paid in a manner that incentivizes high-quality care tailored to beneficiaries' needs. The Secretary of Health and Human Services will develop risk corridors, risk adjustment methodologies, and quality performance standards.