CMS Announces 15 New Advance Payment ACOs

Population Health

Live Webinar: Population Health Management in Value-Based Healthcare

Fifteen new ACOs will receive monthly payments to help them with care coordination costs, according to the CMS.

The 15 latest ACOs to receive advance payments operate in 10 states and join five ACOs that were selected in April, according to the CMS. They are already participating in the Medicare Shared Savings Program (MSSP), which began in January.

The advanced payment model is designed to support physician-based and rural ACOs in the MSSP who have come together voluntarily to give coordinated high quality care to the Medicare patients they serve, but have less access to capital. The selected participants will receive upfront and monthly payments, which they can use to invest in their care coordination infrastructure.

Together with the five Advance Payment ACOs announced in April, this brings the total number of Advance Payment ACOs to 20. The full list of participants can be found online.

CMS is urging organizations who are applying to participate in the MSSP, to apply to participate in the Advance Payment ACO Model as well. Interested organizations must apply to both to gain consideration.

Source: CMS, July 18, 2012

2012 Healthcare Benchmarks: Accountable Care Organizations

In 2012 Healthcare Benchmarks: Accountable Care Organizations, the numerous ways in which accountable care is transforming healthcare delivery, population health management, reimbursement for care and, most importantly to this year’s survey respondents, the patient experience, are documented.

This entry was posted in Accountable Care Organizations, Bundled Payments, Healthcare Reform and tagged , , . Bookmark the permalink.
  • To receive the latest healthcare business industry news and analysis from the Healthcare Intelligence Network, sign up for the free Healthcare Business Weekly Update by clicking here now
  • Leave a Reply

    Your email address will not be published. Required fields are marked *

    *

    You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

    Cleantalk