Advisory Board September 1, 2022
CMS on Tuesday announced that accountable care organizations (ACOs) participating in the Medicare Shared Savings Program (MSSP) saved $1.66 billion in 2021.
Cheat sheet: What are shared savings programs?
MSSP nets millions in savings for the 5th year in a row
In 2021, around 58% of ACOs in the MSSP generated savings of $1.66 billion—or 0.2% of total Medicare spending. According to Modern Healthcare, this is the fifth consecutive year that the program has resulted in savings.
C-suite cheat sheet: Accountable care organizations
Low-revenue ACOs generated $237 per capita net savings, while high-revenue ACOs generated $124 per capita net savings in 2021. In addition, ACOs that were mostly comprised of primary care providers created $281 per capita net savings,...
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