89 ACOs Open for Business

John Commins, for HealthLeaders Media , July 10, 2012

Federal officials announced Monday that 89 Accountable Care Organizations opened on July 1 in 40 states and Washington, DC and will serve 1.2 million Medicare beneficiaries.

Jonathan Blum, principal deputy administrator and director of the Center for Medicare, said in a teleconference that another 400 provider groups have filed notice that they will apply to be in the next wave of shared savings ACOs that become operational on Jan. 1, 2013.

"That gives us even more confidence that this program will grow over time and more organizations will come in over time," Blum told reporters at a midday teleconference.

The 89 new ACOs bring to 154 the total number of provider groups in the voluntary Medicare shared savings initiatives. That includes 32 ACOs in the Pioneer ACO Model named last December by the Center for Medicare and Medicaid Innovation, and six Physician Group Practice Transition Demonstration organizations that began in January 2011.

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2 comments on "89 ACOs Open for Business"

Al Neuman MD (7/13/2012 at 5:58 PM)
Anyone who has read the "HealthLeaders" site realizes by now that for whatever reason, they seem totally in the tank for Obama and his policies. Truth of the matter is what HealthLeaders ISN'T saying in this piece[INVALID]that the vast majority of hospitals and physician groups AREN'T taking the dubious bait of Obamacare. Just look @ the numbers[INVALID]only 150 from the whole country applied, out of many thousands of potential applicants! It's obvious as anyone seriously involved in healthcare already knows, that the professional community doesn't like this ridiculous elephant of a healthcare "law" with all its burdensome bureaucracy and huge administrative costs and certainly doesn't trust the Obama administration at all based on their duplicity and dishonesty about other health-related topics incl. Medicare physician reimbursements. Reality is that most responsible folks in healthcare are rooting for Congress to actually repeal this turkey[INVALID]nobody believes it's either workable or affordable and will be a sure job killer.d

J. Kuriyan (7/10/2012 at 9:31 AM)
While it is wonderful that providers are stepping up to the plate and becoming "accountable" my fear is that they are buying a "pig in a poke" when they envision "shared savings". I am absolutely amazed thatmany responsible provider organizations are entering into a contract where the "baseline" for calculating savings has not been defined by CMS. What if the CMS actuaries come up with an unrealistic standard for measuring savings? Isn't it prudent practice to know what these parameters are before providers enter into contracts that entail penalty clauses for non-preformance? Wonders never cease!




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