Tuesday, November 19, 2024

Press Release: LMI Selected as the Medicare Shared Savings Program Operational Support Contractor

“The Centers for Medicare & Medicaid Services (CMS) selected LMI as its Shared Savings Program Operational Support contractor. LMI will assist CMS with operationalizing the program’s annual application cycle, education and outreach strategy, and compliance strategy. Valued at $65 million, this contract comprises a one-year base period and four one-year option periods…”

“As CMS’ operational support contractor, LMI maintains a panel of experts who ensure that each Shared Savings Program application is reviewed for accuracy, completeness, and compliance with program requirements. The Medicare Shared Savings Program’s compliance strategy focuses on monitoring and assessing the performance of these ACOs…”

“LMI will continue to assist CMS in analyzing ACOs’ adherence to program rules and requirements. In addition, LMI will build upon the education and outreach strategy it has established with the Shared Savings Program. In collaboration with CMS, LMI’s staff will help develop and disseminate education and outreach materials, including webinars, guidance, templates, and commonly asked questions.” Read the full press release here.

Source: LMI Selected as the Medicare Shared Savings Program Operational Support Contractor – August 29, 2019. LMI.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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