27 organizations named ACOs by CMS

For those of you following the affordable care organization process:

CMS this week named 27 organizations as the first accountable care organizations, participating in the organization’s voluntary Medicare Shared Savings Program. Five of these organizations will be participating in the program’s Advance Payment ACO Model.

The program is intended to promote accountability for the care of Medicare FFS beneficiaries; require coordinated care for all services provided under Medicare FFS; and encourage investment in infrastructure and redesigned care processes.

More information on this announcement can be found at cms.gov/sharedsavingsprogram.