CMS to Hold Forum for Physician, Rural ACOs

The Centers for Medicare & Medicaid Services (CMS) on Jan. 5 will host a teleconference for physician-based and rural accountable care organizations (ACOs) planning on applying to participate in the Shared Savings Program.

Earlier this fall, CMS announced a new Advance Payment Model for physician-based and rural ACOs participating in the Shared Savings Program. ACOs selected to participate in the Advance Payment Model will receive upfront payments that will be recouped from the shared savings they earn.

The forum, to be held from 2:30-4 p.m. EST will show participants how to proceed with the CMS application process. A template of the application for the Advance Payment ACO Model is available now on a new CMS Advance Payment Model Application Information webpage. The updated information on the webpage explains the application process, including how to obtain login credentials for a web tool CMS has yet to release.

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Source: Healthcare Finance News