The Centers for Medicare & Medicaid Services (CMS) has granted three-year extensions, subject to certain conditions, for three participants in the Care Management for High Cost Beneficiaries Demonstration (CMHCB) that have demonstrated success in helping to manage the care for high cost patients.

“We have been striving for years to find ways to improve the quality of care for Medicare patients through greater coordination in a way that would also save money for Medicare,” said CMS Acting Administrator Kerry Weems.

The Sarbanes-Oxley Act of 2002 , also known as the Public Company Accounting Reform and Investor Protection Act of 2002 and commonly called Sarbanes-Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002 in response to a number of major corporate and accounting scandals. The cost of complying with SOX 404 impacts smaller companies disproportionately, as there is a significant fixed cost involved in completing the assessment. As such the SEC passed Auditing Standard 5 to some what level the playing field for smaller public companies who must meet SOX compliance standards.