Medicare Managed Care Manual (Pub. 100-16), Ch. 12 § 20.3
Other Notifications When a Circumstance Is Not Deemed a
20.3 - Other Notifications When a Circumstance Is Not Deemed a
Change of Ownership
(Rev. 113, Issued: 05-17-13, Effective: 05-17-13, Implementation: 05-17-13)
All corporate entities holding a contract with CMS must notify CMS within 60 days from
when the entity either acquires the stock of, or obtains the assets and/or liabilities of,
another legal entity, even if the transaction is not considered a change in ownership as
defined in §10.1 above. This notification should include pro-forma financial statements
to reflect the continued financial viability of the MA Organization following any legal
transactions.