CMS Announces Deadlines for Advance Payment ACO Model
There are two start dates in 2012 for the Advanced Payment Program — April and July.
Applications will be accepted from Jan. 3-Feb. 1, 2012 for the April 1 start date. Applications will be accepted from March 1-March 30, 2012 for the July 1 start date. This timeline is consistent with the Shared Savings Program.
CMS emphasized that the Advance Payment Model application does not require a notice or letter of intent.
The program is open to two types of ACOs participating in the Medicare Shared Savings Program: (1) those that do not include any inpatient facilities and also have less than $50 million in total annual revenue, and (2) those in which the only inpatient facilities are critical access hospitals and/or Medicare low-volume rural hospitals and have less than $80 million in total annual revenue.
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