Morgan Haefner –
Tuesday, September 15th, 2020
The 2019 information consists of the first 6 months of performance for ACOs that got involved in the agencys brand-new Pathways to Success program, an MSSP overhaul that started in July 2019. ACOs in the Pathways to Success program carried out much better than legacy ACOs, seeing net per-beneficiary cost savings of $169 compared to $106 for legacy ACOs, according to Ms. Verma.
Currently, more than 11.2 million fee-for-service Medicare beneficiaries are served by service providers in ACOs, and see lower post-acute spending, hospitalizations and emergency situation department gos to.
Here are the top 10 ACOs for total earned shared cost savings in 2019:.
Medicare Shared Savings Program ACOs produced $1.2 billion in net cost savings for the Medicare program across 541 ACOs in 2019, CMS Administrator Seema Verma revealed Sept. 14 in Health Affairs.
1. Federation ACO (Portage, Mich.)– $33.5 million2. Central Oregon ACO (Bend)– $32.9 million 3. Palm Beach Accountable Care Organization (Palm Springs, Fla.)– $28 million 4. Millennium Accountable Care Organization (Fort Myers, Fla.)– $26.3 million5. Grace Health ACO (St. Louis)– $24.2 million6. Silver State ACO (Las Vegas)– $23.4 million 7. McLaren High Performance Network (Auburn Hills, Mich.)– $17.3 million 8. Accountable Care Organization of Aurora (Milwaukee)– $17.3 million 9. Chance 2019 ACO (Bethesda, Md.)– $17.1 million 10. Privia Quality Network (Arlington, Va.)– $17 million.
Editors note: Figures are rounded to the closest hundred thousand. ACOs share in savings by meeting a quality efficiency requirement and conserving at a rate equal to or greater than a minimum criteria. Overall made shared savings are adjusted for quality efficiency.
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Federation ACO (Portage, Mich.)– $33.5 million2. Grace Health ACO (St. Louis)– $24.2 million6. Silver State ACO (Las Vegas)– $23.4 million 7. Privia Quality Network (Arlington, Va.)– $17 million.
ACOs share in savings by satisfying a quality efficiency standard and conserving at a rate equal to or higher than a minimum criteria.