42 CFR § 425.206 - Evaluation procedures for applications.
(a) Basis for evaluation and determination.
(1) CMS evaluates an ACO's application to determine whether an applicant satisfies the requirements of this part and is qualified to participate in the Shared Savings Program, and approves or denies applications accordingly. Applications are approved or denied on the basis of the following:
(i) Information contained in and submitted with the application by an application deadline specified by CMS.
(iii) Other information available to CMS.
(b) Notice of determination.
(2) If CMS denies the application, the notice will indicate that the ACO is not qualified to participate in the Shared Savings Program, specify the reasons why the ACO is not so qualified, and inform the ACO of its right to request reconsideration review in accordance with the procedures specified in subpart I of this part.