July 19, 2012
On July 18, 2012, the Center for Medicare and Medicaid Services (CMS) announced 15 of the latest Medicare Accountable Care Organizations will be participating in the Advance Payments ACO Model. The Advance Payment Model is designed to support physician-based and rural providers who voluntarily come together to provide coordinated care to their Medicare patients.
Along with the five Advance Payment ACOs announced in April, this announcement brings the total number of Advance ACOs to 20.
CMS will be allowing organizations who are applying to participate in the Medicare Shared Savings Program starting January 1, 2012, to apply to participate in the Advance Payment ACO Model.
For more information on the 15 ACOs please click here.