Healthcare Innovation October 29, 2024
Mark Hagland

Participating ACOs have received $3.1B in payouts, while CMS has seen $2.1B in net savings

Senior officials at the Centers for Medicare & Medicaid Services (CMS) announced record net savings for the Medicare Shared Savings Program (MSSP) on Oct. 29—a total of more than $2.1 billion in 2023, along with $3.1 billion in performance payments for accountable care organizations (ACOs) participating in the program.

The agency posted a press release to its website on Tuesday afternoon that began thus: “The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program (Shared Savings Program) continues to save Medicare money while supporting high-quality care. The Shared Savings Program yielded more than $2.1 billion in net savings in...

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Topics: ACO (Accountable Care), CMS, Govt Agencies, Insurance, Medicare, Payment Models, Primary care, Provider, Value Based
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