CodeMap® Compliance Briefing: 8/17/2011
Editor's Welcome:
As many of you are aware, ACOs are one of the most talked about provisions of last year's Patient Protection and Affordable Care Act (PPACA). Many types of provider organizations, large and small, are now forming ACOs in hopes of realizing the financial incentives associated with these organizations. Earlier this year, the Centers for Medicare & Medicaid Services (CMS) proposed new rules pursuant to the PPACA concerning the formation, operation, and payment of ACOs. This week's CodeMap® Compliance Briefing will provide an overview of ACOs including the stated purposes and goals of this program, the requirements to form and operate an ACO, how ACOs will affect beneficiaries of the Medicare program, and the financial incentives offered by CMS to participate in these arrangements. As always, feel free to email any question, comments, or suggestions.
Sincerely,
Gregory Root, Esq.
Accountable Care Organization....
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