Making frailty-adjusted payments regardless of Medicare Advantage organization type would encourage all organizations to enroll frail beneficiaries, to innovate in their care (Medicare Payment Advisory Commission, 1999), and to care for them in the community rather than in long-term care institutions.
What does MAO stand for?
MAO stands for Medicare Advantage Organization (insurance)
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of MAO
We have 105 other meanings of MAO in our Acronym Attic
- Mailing Address Only
- Main Astronomical Observatory (Ukraine)
- Major Attack Option
- Managerial Accounting Office
- Manaus, Amazonas, Brazil - Eduardo Gomes (Airport Code)
- Maneuver Affairs Officer
- Maximum Allowable Offer (real estate)
- Maximum Allowable Outage
- Med Andra Ord
- Medical Administrative Officer
Samples in periodicals archive:
These standards will allow Medicare, physicians, hospitals, group practices, other health providers, and prescription drug plan sponsors and Medicare Advantage organizations to take advantage of e-prescribing technology to improve medication prescribing for Medicare beneficiaries that participate in the new prescription drug program," said Mike Leavitt secretary of the Department of Health and Human Services.
In October, the HHS Inspector General (OIG) and the administrator of the Centers for Medicare and Medicaid Services (CMS) issued proposed rules aimed at loosening legal restrictions on organizations--hospitals, prescription drug plans and Medicare Advantage organizations among others--that want to offer EHR-related software and training, or donate e-prescribing software, hardware and services to speed physician adoption.
Medicare Advantage organizations are not required to assume risk for the costs of the service or benefit until the contract year for which payments are appropriately adjusted to take into account the cost of the service.
3671 Title: Medicare Prescription Drug, Improvement and Modernization Act of 2003 Summary: Amends the Social Security Act to permit the Secretary of Health and Human Services to enter into direct negotiations between drug manufacturers and pharmacies, and between Medicare prescription drug plan sponsors and Medicare Advantage organizations offering prescription drug plans, to promote best prices for Medicare beneficiaries.