Article preview from "The Gray Sheet"- April 4, 2011
CMS issued its long-awaited accountable care organization proposed rule last week, mapping out the agency's plans for offering providers financial incentives to practice more coordinated and cost-effective health care.
Article preview from "The Gray Sheet"- April 4, 2011
CMS issued its long-awaited accountable care organization proposed rule last week, mapping out the agency's plans for offering providers financial incentives to practice more coordinated and cost-effective health care.
The agency plans to seek broad stakeholder feedback on the proposal. It estimates ACOs could shave as much as $960 million off Medicare spending in the first three years of implementation.
Comments are due to CMS June 6, and the agency plans to issue a final regulation before the end of the year.
Slated under health care reform to begin next January, the ACO program was conceived as a means for hospitals, doctors and other providers to build efficiencies in the health care system that could lower costs by reducing duplicative tests and unnecessary hospitalizations, for example.
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