FLORIDA PHYSICIANS TRUST (FPT) DECLARATION OF TRANSPARENCY
Florida Physicians Trust, LLC (FPT) believes transparency in business dealings and care delivery is an important aspect of our participation as an accountable care organization in the Medicare Shared Savings Program (MSSP). Florida Physicians Trust also believes public reporting
1) fosters transparency and promotes informed patient choice,
2) engages stakeholders and providers,
3) lowers the costs of care,
4) improves quality, and
5) improves compliance with program requirements. In the interests of transparency.
Pursuant to Section 1899(f) of the Social Security Act (42 U.S.C. § 1395jjj), the Secretary of the Department of Health and Human Services has made available certain waivers of federal fraud and abuse laws in connection with the operation of ACOs that have entered into a participation agreement, as defined by 42 C.F.R. § 425.20, under the MSSP with the Centers for Medicare & Medicaid Services.
Participation in the MSSP
Florida Physicians Trust has entered into a participation agreement with CMS, is in good standing under that participation agreement, and is therefore participating in the MSSP. The ACO began its participation in the MSSP on April 1, 2012.
ACO Participant Agreements
Florida Physicians Trust has entered into Participant Agreements with the providers in the Public Reporting Section of this document. The FPT Board of Directors has made a bona fide determination that agreements with its providers are reasonably related to the purposes of the MSSP because they
1) promote accountability for quality, cost and overall care for its Medicare patient population
2) promote the management and coordination of care for Medicare fee-for-service beneficiaries, and
3) encourage investment in infrastructure and redesigned care processes for high quality and efficient service delivery for patients.
To the extent necessary, Florida Physicians Trust made this bona fide determination and makes this public reporting with the intent that the ACO’s relationship and agreements with its participants its be protected under applicable waivers described and cited to in Section II of this document.
ACO Distribution Plan
The FPT Board of Directors has established a methodology by which ACO participants who have signed a Participant Agreement may receive distributions of shared savings, as that term is defined by 42 C.F.R. § 425.20. The FPT Board of Directors recorded this methodology in a document called a “Distribution Plan.”
The Public Reporting Document provided in this section of the Florida Physicians Trust website demonstrates the FPT commitment to transparency. The Public Reporting Document provides:
Name and Corporate Location of Florida Physicians Trust
Primary Contact Person
Listing of Participating Providers
Listing of Members of the Board of Directors (Governing Body)
Listing of Committees
Review of Shared Savings and Performance since FPT inception
Quality Performance for the most recent performance year (2018)