The Center for Medicare and Medicaid Services (CMS) has announced the formation of 106 new Accountable Care Organizations (ACOs), bringing the total of Medicare ACOs established as a result of the Affordable Care Act to more than 250.
The new ACOs include a diverse cross-section of physician practices across the country. Roughly half of all ACOs are physician-led organizations that serve fewer than 10,000 beneficiaries. Approximately 20 percent of ACOs include community health centers, rural health centers and critical access hospitals that serve low-income and rural communities.
The just-announced group includes 15 Advance Payment Model ACOs, which are physician-based or rural providers who would benefit from greater access to capital to invest in staff, electronic health record systems, or other infrastructure required to improve care coordination. Medicare will recoup advance payments over time through future shared savings. In addition to these ACOs, last year CMS launched the Pioneer ACO Program for large provider groups able to take greater financial responsibility for the costs and care of their patients over time.
For a list of the 106 new ACOs announced today, visit: