Accountable care organizations saved Medicare about $314 million in 2017, according to a Centers for Medicare & Medicaid Services data set released Aug. 30. The data showed that overall the program’s 472 ACOs caring for 9 million beneficiaries accounted for $1.1 billion in gross savings. The data also showed 60 percent of ACOs saved money in 2017 and 34 percent of ACOs earned shared savings, up from 56 percent and 31 percent, respectively, in 2016.

Related News Articles

Headline
The Centers for Medicare & Medicaid Services announced Dec. 18 that it will launch a voluntary payment model designed to broadly reach more…
Headline
A coalition of organizations, including the AHA, urged the Centers for Medicare & Medicaid Services to ensure accountable care organizations and Merit-…
Headline
The Centers for Medicare & Medicaid Services announced Jan. 15 that 53.4% of people with Traditional Medicare are in an accountable care relationship with…
Headline
The Centers for Medicare & Medicaid Services Sept. 24 issued a final rule that would carve out significant, anomalous, and highly suspect (SAHS) billing…
Headline
Health care pressures are often magnified for rural caregivers, yet some are developing unique solutions for these turbulent times. Mary Mannix, CEO and…
Headline
The Centers for Medicare & Medicaid Services is accepting applications until Aug. 1 for the Accountable Care Organizations Primary Care Flex Model, a…