CMS to begin new oncology payment model

A new payment model targeted at improving Medicare cancer care will begin in mid-2023, the Centers for Medicare and Medicaid Services said Monday.

Known as the Enhancing Oncology Model, the voluntary program builds off the Oncology Care Model, which will end Thursday after six years. Two risk arrangements will be available in the new model, but both will require participants to take on some downside risk.

The Center for Medicare and Medicaid…