8 things hospital CEOs should know about ACO regulations

The much anticipated release of the draft Accountable Care Organization regulations seems to have brought more questions than answers, so we put together our "Top 8" list of must-know facts about the proposed regs, writes David E. Kopans, associate at the healthcare practice Squire, Sanders, & Dempsey, in a Hospital Impact blog post. First, hospital CEOs should brace for significant start-up costs. The ACO regs are modeled in part after Medicare's Physician Group Practice demonstration project, in which practices reported nearly $500,000 in average start-up costs, and $1.2 million in operational first-year expenses. And compliance plans are a must, as CMS wants ACOs to develop rigorous compliance programs and have ACO board members adhere to a strict conflict-of-interest policy. --Read the full list at Hospital Impact

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