CMS Announces 15 Advanced Payment Model ACOs | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

CMS Announces 15 Advanced Payment Model ACOs

July 18, 2012
by Gabriel Perna
| Reprints

The Centers for Medicare and Medicaid (CMS) have announced 15 participants of the Advanced Payment Model ACO period, which began earlier this month. The same 15 had been announced for the the Medicare Shared Savings Program  earlier this month. The Advanced Payment Model is designed for physician-based and rural providers who have come together voluntarily to give coordinated high quality care to the Medicare patients they serve.

The 15 ACOs are CoastalMedical, Inc. (Providence, R.I.), Cumberland Center for Healthcare Innovation, LLC  (Nashville, Tenn.) Golden Life Healthcare LLC (Sacramento, Calif.), Harbor Medical Associates PC (South Weymouth, Mass.), Maryland Accountable Care Organization of Eastern Shore, LLC (National Harbor, Md.), Maryland Accountable Care Organization of Western Maryland (National Harbor, Md.) Medical Mall Services of Mississippi (Jackson, Miss.), MPS ACO Physicians, LLC (Middletown, Conn.) Physicians ACO, LLC (Houston, Texas), PriMed, LLC (Shelton, Conn.), Quality Independent Physicians, LLC (Louisville, Ky.), Reliance Healthcare Management Solutions (Tampa, Fla.), St. Thomas Medical Group, PLLC (Nashville, Tenn.), and Texoma ACO, LLC (Wichita Falls, Texas).

The selected organizations will receive an advance on the shared savings they are expected to earn. Participating ACOs will receive three types of payments: an upfront, fixed payment, an upfront, variable payment based on the number of its historically-assigned beneficiaries, and amonthly payment of varying amount depending on the size of the ACO.

Along with the five Advance Payment ACOs announced in April, today's announcement brings the total number of Advance Payment ACOs to 20.CMS says it will also be allowing organizations who are applying to participate in the Medicare Shared Savings Program beginning Jan. 1, 2012, to apply to participate in the Advance Payment ACO Model.

Topics

News

Allscripts Touts 1 Billion API Shares in 2017

Officials from Chicago-based health IT vendor Allscripts have attested that the company has reached a new milestone— one billion application programming interface (API) data exchange transactions in 2017.

Dignity Health, CHI Merging to Form New Catholic Health System

Catholic Health Initiatives (CHI), based in Englewood, Colorado, and San Francisco-based Dignity Health officially announced they are merging and have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system.

HHS Announces Winning Solutions in Opioid Code-a-Thon

The U.S. Department of Health and Human Services (HHS) hosted this week a first-of-its-kind two-day Code-a-Thon to use data and technology to develop new solutions to address the opioid epidemic.

In GAO Report, More Concern over VA VistA Modernization Project

A recent Government Accountability Office (GAO) report is calling into question the more than $1 billion that has been spent to modernize the Department of Veterans Affairs' (VA) health IT system.

Lawmakers Introduce Legislation Aimed at Improving Medicare ACO Program

U.S. Representatives Peter Welch (D-VT) and Rep. Diane Black (R-TN) have introduced H.R. 4580, the ACO Improvement Act of 2017 that makes changes to the Medicare accountable care organization (ACO) program.

Humana Develops Medication Management Tool

A new tool developed by Humana enables the company’s members to keep a list of their medications in one place.