The Centers for Medicare and Medicaid Services' Innovation Center will hold a conference call, on June 14 to provide information and answer questions about the Advance Payment Initiative being considered to support the Medicare Shared Savings Program for accountable care organizations.
The payment initiative would enable certain ACOs participating in the Shared Savings Program access to their shared savings up front to make infrastructure and staffing investments. Advance payments would be recouped through the ACOs' earned shared savings.
The call is scheduled at 2:00 p.m. EST. The dial-in number is 1-866-501-5502 and the conference ID is 71725238. More information on the Advance Payment Initiative is available here.
A conference call about the Pioneer Accountable Care Organization Model demonstration program on June 7 attracted more than 850 participants, CMS says. Responding to industry requests, the agency recently extended deadlines for participating in the Pioneer ACO program.
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