Day Pitney remains committed to providing quality legal counsel, while protecting our clients and employees, and transforming our communities into more just, equal and equitable spaces. For more information, please visit our COVID-19 Resource Center | Racial Justice and Equity Task Force.
The Centers for Medicare & Medicaid Services ("CMS") released a final rule ("Final Rule") on the Medicare Shared Savings Program ("MSSP") (Fed. Reg. Vol. 80, No. 110, 32692-32845), which contained good news for accountable care organizations ("ACOs"). Not only did the Final Rule incorporate informal guidance that CMS had previously issued, it also responded to many of the comments provided during the comment period, most notably the ability for ACOs to continue for one more contract cycle in a shared savings agreement (called Track 1 by CMS). Previously, ACOs would have had to accept downside financial risk if they were continuing in the MSSP and entered into a Track 2 agreement. In the press release and fact sheet accompanying the Final Rule, CMS highlighted its "support for the care provider community in creating a delivery system with better care, smarter spending, and healthier people."
The Final Rule continues the existing MSSP model in which providers and suppliers participating in ACOs receive traditional Medicare Parts A and B fee-for-service payments and are eligible to receive shared savings if certain quality and savings targets are met. The Final Rule added the following changes to improve the program:
The Final Rule also clarified and formalized prior guidance in a number of areas, including requirements related to:
Day Pitney Cybersecurity, Healthcare and Technology (C.H.A.T.) Newsletter - June 2022
Day Pitney Cybersecurity, Healthcare and Technology (C.H.A.T.) Newsletter - June 2022
Day Pitney Cybersecurity, Healthcare and Technology (C.H.A.T.) Newsletter - June 2022
Day Pitney Cybersecurity, Healthcare and Technology (C.H.A.T.) Newsletter - June 2022
Day Pitney Cybersecurity, Healthcare and Technology (C.H.A.T.) Newsletter - June 2022
Day Pitney Press Release
Day Pitney's election of 11 attorneys to partnership nationwide, including two in its New Jersey office was featured in the New Jersey Law Journal's On the Move column.
Susan R. Huntington, partner and chair of Day Pitney's Healthcare practice, is featured in the Hartford Business Journal article, "Pandemic Fuels Physician Consolidation Trend, as CT Struggles to Retain Doctors."
Day Pitney Partners Erin Magennis Healy and Naju Lathia's promotion to partnership was featured the New Jersey Law Journal's New Partner Yearbook 2022.
Susan Huntington, partner and chair of Day Pitney's Healthcare Practice, was featured in the ABA Journal article, "Legal Limbo: Firms and Their Clients Scramble to Meet the Federal Vaccine Mandate."
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