The Centers for Medicare & Medicaid Services Aug. 27 released an evaluation report for the first performance year of the agency’s Next Generation Accountable Care Organization Model. For the 2016 performance year, the Next Generation ACO Model generated net savings to Medicare of about $62 million while maintaining quality of care for beneficiaries, the agency said. CMS said savings appeared to be largely associated with reductions in hospital and skilled nursing facility-associated costs. There were 18 Next Generation ACOs in 2016. See the report for more findings.

Related News Articles

Headline
Medicare accountable care organizations report a number of successful strategies to reduce Medicare spending and improve quality of care for patients, which…
Headline
Beginning June 11, hospitals, physicians and other eligible providers may submit notices of intent to apply to participate in the Jan. 1, 2020 start date for…
Headline
The Centers for Medicare…
Headline
The Centers for Medicare…
Headline
A bipartisan group of lawmakers yesterday urged the Centers for Medicare…
Headline
Hospital-affiliated accountable care organizations participating in the Medicare Shared Savings Program achieved $174 million in net savings to Medicare in…