The Centers for Medicare and Medicaid Services (CMS) released the Request for Applications (RFA) for Cohort 2 of the Primary Care First (PCF) Model. Primary care practices in eligible regions are encouraged to apply. 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.
Further, participating practices that focus on patients with complex chronic needs receive higher model payments for the care of these patient populations.
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.
Webinars for interested applicants will be held in the coming weeks, and will include opportunity for live question and answer:
Introduction to PCF
Become a Primary Care First Payer Partner
Ready, Set, Apply!