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Medicare Shared Savings Program 2018 Performance Year Kickoff For Participating Accountable Care Organizations January 8, 2018, PerformanceBased Payment Policy Group Medicare Shared Savings ProgramDISCLAIMER
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How to fill out medicare shared savings program
How to fill out medicare shared savings program
01
Step 1: Gather all necessary information. This includes the organization's Tax ID number, National Provider Identifier (NPI), and certified Electronic Health Record (EHR) technology.
02
Step 2: Determine eligibility. The Medicare Shared Savings Program is available to accountable care organizations (ACOs) that meet certain criteria, such as having a sufficient number of primary care physicians and a minimum number of assigned beneficiaries.
03
Step 3: Submit an application. Visit the Medicare Shared Savings Program website and complete the application form. Provide all required documentation and ensure accuracy of the information provided.
04
Step 4: Wait for review and acceptance. The Centers for Medicare & Medicaid Services (CMS) will review the application and notify the organization of its acceptance or rejection.
05
Step 5: Implement necessary systems and processes. Once accepted into the program, the organization must establish systems and processes to track and report on quality measures, patient engagement, and cost savings.
06
Step 6: Monitor and report performance. Continuously monitor performance metrics and submit required reports to CMS. This includes reporting on quality measures, beneficiary satisfaction, and cost savings.
07
Step 7: Participate in program initiatives. Engage and collaborate with other ACOs, participate in training sessions and webinars, and stay updated on policy changes and program requirements.
08
Step 8: Reap the benefits. By participating in the Medicare Shared Savings Program, organizations have the opportunity to improve patient outcomes, enhance coordination of care, and potentially share in any cost savings achieved.
Who needs medicare shared savings program?
01
Accountable care organizations (ACOs) and healthcare providers who are committed to improving coordination and quality of care for Medicare beneficiaries.
02
Healthcare organizations that have a sufficient number of primary care physicians and are equipped with certified Electronic Health Record (EHR) technology.
03
Organizations seeking to enhance patient outcomes, reduce costs, and share in any achieved cost savings.
04
Healthcare providers who are dedicated to implementing evidence-based practices and promoting patient engagement.
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Organizations that are willing to invest time, resources, and efforts into tracking and reporting on quality measures and patient satisfaction.
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What is medicare shared savings program?
The Medicare Shared Savings Program is a program established by CMS to promote accountability for the quality, cost, and overall care for Medicare beneficiaries.
Who is required to file medicare shared savings program?
Accountable Care Organizations (ACOs) are required to participate in the Medicare Shared Savings Program.
How to fill out medicare shared savings program?
To fill out the Medicare Shared Savings Program, ACOs must submit their data and reports to CMS according to the program's guidelines.
What is the purpose of medicare shared savings program?
The purpose of the Medicare Shared Savings Program is to improve the quality of care for Medicare beneficiaries while reducing costs.
What information must be reported on medicare shared savings program?
ACOs must report on quality measures, financial performance, and other data related to the care of Medicare beneficiaries.
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