Accountable care organizations (“ACOs”) have been marketed as perhaps the biggest development in Medicare reimbursement since the transition from cost reimbursement to prospective payment. The Centers for Medicare & Medicaid Services (“CMS”) is hoping that ACOs and the Medicare Shared Savings Program (“MSSP”) will successfully reel in health care spending while improving the quality of care to Medicare beneficiaries.
As of January 2013, approximately 250 ACOs provided care to over 4 million Medicare beneficiaries. Of these, the 106 that were selected to participate in the MSSP roughly doubled the number of Medicare beneficiaries receiving care from an ACO. Although the number of ACOs has dramatically increased since the first performance period began on April 1, 2012 (when there were only 27 ACOs), the geographic distribution of ACOs remains largely uneven.
Originally published in the Advisory Board Company - Health Care Law Roundtable.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.