CMS has named 123 new accountable care organizations in its Medicare Shared Savings Program, effective Jan. 1, 2014.
This is the largest group of new MSSP ACOs that Medicare has announced since the program started in April 2012.
The new batch of ACOs will cover 1.5 million more Medicare beneficiaries, bringing the total number of lives covered by Medicare ACOs to more than 5.3 million. More than half of the new participants are physician-led organizations serving fewer than 10,000 beneficiaries, and about one in five include community health centers, rural health clinics and critical access hospitals.
A complete list of the newly named Medicare ACOs and their service areas can be found here.
For organizations interested in applying to be in the next class of Shared Savings Program ACOs, the application period will be in summer 2014.
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