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(ACO) regulations - American Society of Anesthesiologists

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CMS-1345-P 372<br />

425.16 Audits and record retention.<br />

425.17 Requirements for data submission by <strong>ACO</strong>s.<br />

425.18 The 3-year agreement with CMS.<br />

425.19 Data sharing with <strong>ACO</strong>s.<br />

425.20 New program standards established during the 3 year agreement period.<br />

425.21 Managing significant changes to the <strong>ACO</strong> during the agreement period.<br />

425.22 Future participation <strong>of</strong> previous Shared Savings Program participants.<br />

425.23 Public reporting and transparency.<br />

425.24 Overlap with other CMS shared savings initiatives.<br />

Subpart A--General Provisions<br />

§425.2 Basis and scope.<br />

(a) Basis. This part implements section 1899 <strong>of</strong> the Act by establishing a shared savings<br />

program that promotes accountability for a patient population, coordinates items and services<br />

under parts A and B, and encourages investment in infrastructure and redesigned care processes<br />

for high quality and efficient services. Under this program, groups <strong>of</strong> providers <strong>of</strong> services and<br />

suppliers meeting criteria specified by the Secretary may work to together to manage and<br />

coordinate care for Medicare fee-for-service beneficiaries through an accountable care<br />

organization (<strong>ACO</strong>). <strong>ACO</strong>s that meet quality performance standards established by the<br />

Secretary are eligible to receive payments for shared savings. During years in which the <strong>ACO</strong> is<br />

participating in a two-sided model, the <strong>ACO</strong> may be required to share losses.<br />

(b) Scope. This part sets forth the following:<br />

(1) The eligibility requirements for an <strong>ACO</strong> to participate in the Medicare Shared<br />

Savings Program (Shared Savings Program).

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