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HHS/CMS | RIN: 0938-AQ22 | Publication ID: Fall 2010 |
Title: ●Medicare Shared Savings Program: Accountable Care Organizations (CMS-1345-P) | |
Abstract: This rule would propose a shared savings program for provider groups to establish Accountable Care Organizations, agree to meet quality measures, and share in savings generated for Medicare by meeting certain benchmarks. Consistent with section 3022 of the Affordable Care Act of 2010, the shared savings program must be established by January 1, 2012. | |
Agency: Department of Health and Human Services(HHS) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: PL 111-148, sec 3022 |
Legal Deadline:
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Statement of Need: This rule would propose a shared savings program for provider groups to establish Accountable Care Organizations (ACOs), agree to meet quality measures, and share in savings generated for Medicare by meeting certain cost and quality benchmarks beginning January 1, 2012. This rule is aimed at improving quality and Medicare expenditures for Medicare beneficiaries and the Medicare program. |
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Summary of the Legal Basis: Section 3022 of the Affordable Care Act of 2010 requires the Secretary to establish a shared savings program by January 1, 2012. |
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Alternatives: None. This is a statutory requirement. |
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Anticipated Costs and Benefits: Medicare expenditures will be adjusted beginning January 1, 2012. |
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Risks: If this regulation is not published, the shared savings program will not be established by January 1, 2012, as required by ACA, thereby violating the statute. |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: Yes | |
RIN Data Printed in the FR: No | |
Agency Contact: Terri Postma Medical Officer Department of Health and Human Services Centers for Medicare & Medicaid Services Center for Medicare, MS:C5-15-24, 7500 Security Boulevard, Baltimore, MD 21244 Phone:410 786-4169 Email: terri.postma@cms.hhs.gov |