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Recently, the Centers for Medicare and Medicaid Services (CMS) released the much-anticipated final rule for the Medicare Shared Savings Program. In light of the tepid — at best — reaction by all segments of the health care field to the proposed rule, which came out in the spring, the issuance of a revised rule was highly anticipated.

The program was created and required by the Patient Protection and Affordable Care Act (PPACA), which amended the Social Security Act (where the Medicare legislation is found). The law further required that the program be established no later than Jan. 1, 2012. The proposed rule had been published by CMS in the April 7, 2011, issue of the Federal Register . CMS stated that it received more than 1,300 public comments to it.

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