Written by Reed Tinsley |
April 7, 2011
As you know by now, the Centers for Medicare & Medicaid Services (CMS) have issued proposed rules that would implement Section 3022 of the Affordable Care Act. Section 3022 requires the Secretary of Health and Human Services to establish a Shared Savings Program by January 1, 2012. CMS notes that this program is intended to encourage providers of services and suppliers (e.g., physicians, hospitals and others involved in patient care) to create a new type of health care entity, which the statute calls an "Accountable Care Organization (ACO)."
Here is a good summary of the new regulations:
http://www.grantthornton.com/staticfiles/GTCom/Health%20care%20organizations/Washington%20Bulletin/2011/WB_Apr4_2011_CMS%20Issues%20Long%20Awaited%20ACO%20Proposed%20Rules.pdf?utm_source=Grant+Thornton&utm_medium=email&utm_campaign=Washington+Bulletin%
About the Author
Reed Tinsley CPA
This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on
accounting & tax,
practice management, and
financial planning.
Schedule a Free Consultation.
Have questions? I’m here to help.
