Which scenario constitutes abandonment of an ACO license application?

• A. Fails to complete the application within one year after filing
• B. Misses a scheduled interview after filing
• C. Fails to renew the application within six months
• D. Fails to provide a financial statement within one year

Answer: (A)

Abandonment happens when you start the license application but don’t finish it within the required timeframe. For an ACO license, the standard period to complete the process after filing is one year. If that year passes without you providing all required information and finishing the steps, the file is considered abandoned, and you’d likely need to restart the process.

Missing a scheduled interview is a scheduling issue that can typically be rescheduled and does not by itself terminate the application. Renewal timelines apply to renewing an existing license, not to completing an initial application. Not providing a financial statement might be a deficiency you’d need to address, but it does not inherently mean the application has been abandoned unless the governing rule specifically defines that failure as abandonment.