On October 20th, the United States Department of Health & Human Services (HHS) announced that CMS published the Final Rule on the Medicare shared savings program, better known as the rule on accountable care organizations (ACOs). According to HHS, the agencies carefully considered more than 1,300 comments filed on the proposed rule. Among the positive changes
is the removal of down-side financial risk from the one-sided model.
is the removal of down-side financial risk from the one-sided model.
On behalf of the county Medical Societies in NJ, MSNJ filed comments on the proposed rule strongly objecting to the down-side financial risk in the third and final year of the one-sided model. Now, only savings will be shared in the one-sided model.
The United States Department and Federal Trade Commission also published a joint Anti Trust Statement concerning ACOs. It includes an expedited review process for newly created ACOs.
BCMS will be working on sponsoring seminars to educate its members on accountable care organizations. Please check the BCMS website frequently for upcoming seminars.
The United States Department and Federal Trade Commission also published a joint Anti Trust Statement concerning ACOs. It includes an expedited review process for newly created ACOs.
BCMS will be working on sponsoring seminars to educate its members on accountable care organizations. Please check the BCMS website frequently for upcoming seminars.
To view CMS' Final Rule:
To view the Federal Trade Commission's Anti Trust Statement on ACO's:
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