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CMS Releases Application Instructions for ACO Shared Savings Program

Posted on November 9, 2011 in Long-Term Care, Home Health & Hospice

Written by: Bufford, David W.

The Centers for Medicare & Medicaid Services (“CMS”) has released instructions to prospective Accountable Care Organizations (“ACO”) for applying to the Shared Savings Program. The application process has both automated and paper options, but CMS strongly recommends using the automated application system. All organizations wanting to participate in the Shared Savings Program must submit a Notice of Intent to Apply no later than January 6, 2012 or February 17, 2012. Similar to other coordinated care programs being marketed by CMS, submitting a Notice of Intent does not bind organizations to participation in the Shared Savings Program. Applications to participate in the Shared Savings Program will be approved or denied on either March 16, 2012 or May 31, 2012, depending on the start date being targeted.

Please visit our Health Care Reform site  for current information and resources regarding health care reform issues and regulations.

Should you have any questions, please contact:
Brian Betner at 317.977.1466 or bbetner@hallrender.com;
Todd Selby at 317.977.1440 or tselby@hallrender.com;
Brian Jent at 317.977.1402 or bjent@hallrender.com; or
David Bufford at 502.568.9368 or dbufford@hallrender.com,
or your regular Hall Render attorney.