This installment of Hall Render’s Health Law Broadcast series on health care reform is designed to provide you with the insight, analysis and practical suggestions with respect to the various reform initiatives that will affect your organization.
Deadlines! Deadlines! Today is the deadline for aspiring Accountable Care Organizations (“ACOs”) to submit a Notice of Intent for participation in the July 1, 2012 start date of the Medicare Shared Savings Program. Similar to other coordinated care programs being marketed by CMS, submitting a Notice of Intent does not bind organizations to submit an application or to participate in the Shared Savings Program. The very brief Notice of Intent must be submitted electronically by 5:00 P.M. EST. Applications would be due by March 30, 2012. Decisions regarding participation in the Shared Savings Program will be approved or denied on May 31, 2012. No additional Program start dates have been announced by Medicare.
Today’s deadline also applies to those rural and physician-owned organizations who hope to participate as ACOs in the Advance Payment ACO Model. The Advance Payment ACO Model is designed to provide upfront and monthly payments to participating ACOs for the purpose of funding initial and ongoing ACO activities and infrastructure.
The Notice of Intent is available here:
https://vovici.com/wsb.dll/s/11dc4g4c52d.
Additional Shared Savings Program details and application instructions are available here:
http://www.cms.gov/SharedSavingsProgram/37_Application.asp
If you have any questions, please contact Brian Betner at bbetner@wp.hallrender.com or 317.977.1466 or your regular Hall Render attorney.
