Wednesday, March 14, 2012
ACO advance payment applications due March 30
Physician organizations that applied to participate in the Medicare accountable care organization (ACO) program in 2012 must submit their applications for advanced payments to the Centers for Medicare & Medicaid Services (CMS) by March 30.
CMS will assist physician-led ACOs with three kinds of payments to help cover start-up costs:
- An up-front payment of $250,000.
- An up-front payment equal to $36 per prospectively assigned Medicare patient.
- A monthly payment equal to $8 per prospectively assigned Medicare patient.
To qualify, the physician-led ACO must have already submitted a letter of intent to participate in the 2012 Medicare ACO program, which begins July 1. The ACO also must not include an inpatient facility and must have less than $50 million in total annual revenue.
Visit CMS's website to access the advanced payment application.
April workshop provides political campaign training
Space is running out for a free AMA workshop that helps AMA members and their spouses campaign for a candidate who supports medicine.
The AMPAC Campaign School, offered April 18–22 in Arlington, Va., has only three more openings for physicians or spouses who wish to become involved in the political process as advocates and volunteers for candidates who support medicine. The Campaign School provides hands-on training organized around a simulated congressional campaign. Participants also will attend daily lectures on campaign strategy, media advertising and political fundraising.
Email Jim Wilson of the AMA if you are interested in attending.
AMPAC covers all expenses for accepted applicants, except transportation to and from the Washington, D.C., area. If you're not an AMA member, join today.