Today, CMS published its final rule implementing the part of the Affordable Care Act governing Accountable Care Organizations (ACOs). A copy of the rule is available here.
The portion of the Affordable Care Act implemented under this new rule requires the establishment of the Medicare Shared Savings Program. The Shared Savings Program, in turn, encourages the development of Accountable Care Organizations (ACOs) in Medicare, which aim to change the way health care is delivered in the United States. In short, ACOs are charged with ensuring the provision of better care, creating healthier populations and controlling the growth of Medicare Parts A and B expenditures. The new rules will be effective 60 days after publication.
We will post more in-depth analysis of this rule and ACOs in the future.
This post was contributed by Kurt Bratten.