CMS to launch third group of Advance Payment ACOs

The Centers for Medicare and Medicaid Services will be launching a third group of Advance Payment Model ACOs on January 1, 2013, according to The Commonwealth Fund.

According to the article, the Advance Payment Model ACOs get expected savings from team-based care in the form of up-front payments. That helps them pay for both staff and health information technology needed to get the ACO up and running.

A CMS release states that applications for the program will be accepted from August 1, 2012 through September 19, 2012. 

(Sources: The Commonwealth Fund, http://www.commonwealthfund.org/, July 2, 2012; Centers for Medicare and Medicaid Services, https://s3.amazonaws.com/public-inspection.federalregister.gov/, June 26, 2012)