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CMS Announces First Set of Accountable Care Organizations

Posted on 4/11/2012 by NTOCC ® in Public Policy Updates
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On Tuesday, April 10, 2012, the Centers for Medicare and Medicaid Services (CMS) announced the selection of the first 27 accountable care organizations (ACOs) to participate in the Medicare Shared Saving Program. The selected ACOs will aim to create financial incentives for physicians, hospitals, and other healthcare providers to better coordinate care and improve the health for nearly 375,000 Medicare beneficiaries, all while lowering the participating organizations’ costs and eventually sharing in the collective savings.

As a reminder, last year, NTOCC submitted formal comments to CMS on the Medicare Shared Savings proposed rule and expressed support for several provisions included in the rule, and stressed the importance to ensure ACOs “attend carefully to care transitions” and prioritize patient engagement and shared decision-making.

The new ACOs must adhere to 33 quality measures for care coordination and patient safety, appropriate use of preventive health services, improved care for at-risk populations, and the patient and caregiver experience of care.

For more information, including summaries of the first ACOs selected, please see the attached fact sheet below: