⚠️ LEAD ACO Application Deadline: May 17, 2026 — Act Now
Value-Based Care

The Future of Home Care Medicine Is Value-Based

Home-based care providers are uniquely positioned to lead the shift from fee-for-service to value-based care. AAAHCM is your partner in navigating — and succeeding in — this transformation.

Explore the LEAD Model
AAAHCM & AIP Partnership →
Overview

What Is Value-Based Care?

Value-based care pays providers for keeping patients healthy — not just for the number of visits or procedures they perform. Instead of billing per service, providers are accountable for patient outcomes and total cost of care.

Outcomes Over Volume

Fee-for-service pays per visit regardless of outcome. Value-based care focuses on keeping patients healthier and out of hospitals.

Predictable Payment

Fixed monthly payment per patient — know your revenue in advance and invest in proactive care instead of chasing billing.

Built for High-Needs Patients

VBC models designed for complex populations create the financial foundation home-based practices need to thrive.

Share in the Savings

When the ACO spends less than projected while maintaining quality, it keeps a portion — a real reward for prevention work.

New CMS Model

The LEAD Model: A 10-Year Runway

Released March 31, 2026, the Long-Term Enhanced ACO Design (LEAD) model is the most ambitious ACO program CMS has ever launched — purpose-built for providers who serve complex, high-needs patients at home.

Built for Stability. Designed for Home-Based Care.

LEAD runs for 10 years with no rebasing — meaning CMS won't reset your savings target just because you performed well. The care infrastructure and staffing you build today keeps generating returns all the way through 2036.

10
Year Period
0
Rebasing
3%
Savings Floor

LEAD's Four Goals

Goal 1

Attract New Providers

Bring in practices new to value-based care — including rural, independent, and specialty providers.

Goal 2

Promote Prevention

Each ACO must create a Prevention & Quality Plan and use evidence-based strategies to keep patients healthier.

Goal 3

Empower Patients

Give patients tools to make decisions, access added benefits, and manage their chronic conditions.

Goal 4

Support High-Needs Care

More accurate risk adjustment so caring for sicker patients actually pencils out financially.

Key Dates

Application portal: app.innovation.cms.gov/LEAD

March 31, 2026
RFA Released
April 20, 2026
Letter of Interest Opens
May 17, 2026 — DEADLINE
Application Window Closes
September 15, 2026
Implementation Period Begins
January 1, 2027
Performance Year 1 Begins
First full year of shared savings tracking
December 31, 2036
Model Period Ends

Risk Sharing Options

Choose how much financial responsibility — and upside — you want to take on.

Global Risk Option

Full Responsibility — Full Reward

Best for experienced ACOs and ACO REACH alumni

  • More financial risk — but you keep more of the savings
  • Widest range of payment types and care flexibilities
  • Specialist episode payments and expanded benefits
  • Requires a financial guarantee (reserve fund or credit line)
Professional Risk Option

Shared Risk with CMS — Lower Exposure

Best for practices new to value-based care

  • Fixed monthly payment per patient (predictable cash flow)
  • Built-in guardrails cap how much you can lose if costs run high
  • Limited downside — a safer on-ramp into value-based care
  • Designed as a stepping stone toward full risk over time
Why Home-Based Care Wins

Built for High-Needs Patients

LEAD goes further than any prior ACO program in recognizing the reality of home-based care — the most favorable model ever designed for house calls, palliative care, hospice, and home health organizations.

New in LEAD

Your Whole Panel Counts

Your entire attributed patient population now qualifies for revenue — not just those meeting specific criteria.

Benchmark

Separate Target for Complex Patients

High-needs patients get their own spending benchmark. You're not penalized for treating sicker patients.

Access

Smaller Practices Can Qualify

High-needs-focused practices may qualify with a smaller total panel — viable for specialized models.

Benefit

Hospice + Curative Care Together

LEAD allows hospice patients to receive curative care simultaneously — a new revenue stream for hospice organizations.

CARA

Falls Prevention Episode

New episode payments for fall risk reduction using OTs, nurses, and home repair — exactly what home-based providers already do.

Coming Soon

Medicare + Medicaid Together

Pilot coordination for dual-eligible patients launching in two states, with planning in 2026–2027.

Strategic Perspective

Why This Matters for Your Practice

Home-based care organizations are the perfect fit for LEAD — and the 10-year runway creates a compelling case for building real care infrastructure.

Your Patients, Your Model

LEAD was designed around the patients you already serve. Full-panel alignment means your whole practice generates the revenue it deserves.

Predictable Monthly Revenue

Fixed monthly payments replace unpredictable billing cycles — freeing you to invest in coordination that improves outcomes.

A Real 10-Year Horizon

No rebasing means your savings target won't be raised for good performance. Invest in staff and technology with a full decade to see returns.

Don't Want to Run an ACO?

Participate as a Preferred Provider — partner with an existing ACO and share episode payments without the anchor role.

AAAHCM Partnership

AAAHCM & Advanced Illness Partners

AAAHCM has partnered with Advanced Illness Partners (AIP) — one of the largest and most successful High Needs ACOs in the country — to offer a ready-to-go pathway into value-based care for qualified home-based practices.

Active Partnership

A Ready-to-Go Option for AAAHCM Members

For nearly five years, AAAHCM has participated in the ACO REACH High Needs program through AIP with outstanding results. As LEAD launches, this partnership continues — giving member practices a streamlined entry point without having to build ACO infrastructure from scratch.

AIP's management organization (ACI) handles the complex operational side so your practice can focus on delivering exceptional home-based care.

This partnership is designed for practices of sufficient scale — not micro-practices. Reach out to AAAHCM to assess whether your organization is a fit.

What AIP / ACI handles for you:

  • Day-to-day operations & care management
  • Network building & data analytics
  • Compliance & managed services
  • CMS contract management & accountability

Is Your Practice a Fit?

This partnership works best for established home-based practices with a meaningful Medicare patient panel. Get in touch with the AAAHCM team to find out if your organization qualifies.

Who should reach out?
Practices providing home-based primary care, house calls, palliative care, or complex home care with an active Medicare patient population. Designed for practices of sufficient size — not solo or very small providers.
Contact AAAHCM to Learn More

Questions may also be directed to AAAHCM Executive Advisor Hank Ross at [email protected]

Don't Miss the Application Window

The LEAD application deadline is May 17, 2026. AAAHCM members have a head start — let us help you get there.

Reach Out to AAAHCM Today