Conference Call on ACO Advance Payment Model – Thursday, January 5

Earlier this fall, CMS announced a new Advance Payment Model for physician-based and rural Accountable Care Organizations (ACOs) participating in the Shared Savings Program. ACOs selected to participate in the Advanced Payment Model will receive upfront payments that will be recouped from the shared savings they earn. CMS will host a Special Open Door Forum to review the Advance Payment ACO Model and the application template on:

Thursday, January 5, 2012    
2:30 P.M. – 4:00 P.M. ET
Special Open Door Participation Instructions:
Dial: 1-800-837-1935 & Conference ID: 39623933

Note that the Advance Payment Model is available to only two types of ACOs:

  1. ACOs that do not include any inpatient facilities AND have less than $50 million in total annual revenue.
  2. ACOs 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.

On or before the morning of this Special Open Door Forum, a slideshow presentation will be posted to the Advance Payment Model ACO Application Information webpage. A transcript and audio recording of this Special ODF will be posted to the Special Open Door Forum website and will be accessible for downloading beginning on or around Friday, January 13, 2012.

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About MSNJ

Founded in 1766, the Medical Society of New Jersey is the oldest professional society in the United States. The organization and its dues-paying members are dedicated to a healthy New Jersey, working to ensure the sanctity of the physician–patient relationship. In representing all medical disciplines, MSNJ advocates for the rights of patients and physicians alike, for the delivery of the highest quality medical care. This allows response to the patients’ individual, varied needs, in an ethical and compassionate environment, in order to create a healthy Garden State and healthy citizens.

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