CMS announced the selection of the first accountable care organizations (ACOs) to participate in the Medicare Shared Savings Program, naming 27 healthcare organizations that will be responsible for improving care to nearly 375,000 beneficiaries in 18 states. Under the Shared Savings Program, the ACOs are responsible for providing high-quality care and meeting strict quality standards, as measured by performance on 33 quality measures, in return for the opportunity to share in savings realized through improved care.
Recent CMS transmittals of note for healthcare finance professionals include Transmittal R2453CP: CY 2012 OPPS Payment Adjustment for Certain Cancer Hospitals (
A new report by the
FAIR PAY: Physicians are nearly evenly split about whether they feel fairly compensated, according to a survey by
WRONG TURN: 42 percent of executives responding to a HealthLeaders survey say the healthcare industry is on the "wrong track," while only 24 percent say it is headed in the right direction.
FINANCING NEEDS: About 77 percent of CFOs believe their financing needs will remain the same in 2012 as in 2011, according to a
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