CMS: Next Round of Applications for the Advance Payment ACO Model being Accepted
June 13, 2012 - 7:56 am
The CMS Center for Medicare and Medicaid Innovation announced yesterday that another round of applications are being accepted from organizations wishing to take part in the Advance Payment Accountable Care Organization (ACO) Model.
These organizations would then become eligible to start the Medicare Shared Savings Program (MSSP) on January 1, 2013.
Those interested in being considered for the programs are required to submit a non-binding Notice of Intent (NOI) to CMS by June 29, 2012.
The Advance Payment ACO Model is designed to test whether physician-owned or rural providers participating in the Shared Savings Program would benefit from additional start-up resources to build the necessary infrastructure to be successful as an ACO, such as health information technology systems.