More than 1.1 million beneficiaries are served by Medicare accountable care organizations being ramped up under authority of the Affordable Care Act, the Centers for Medicare and Medicaid Services has announced.
Twenty-seven ACOs have signed agreements with CMS for a program that started in April. They join 32 “Pioneer Model” ACOs that started in December and six physician group ACOs in a separate demonstration program.
Five of the 27 new ACOs are participating in the Advance Payment ACO Model program, receiving advances on expected savings to aid rural and physician-based ACOs in having the funds to ramp up staffing, information systems and other necessities.
More information including brief descriptions of the 27 new ACOs is available here.
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