MedCity News August 24, 2023
Marissa Plescia

For the sixth year in a row, the Medicare Shared Savings Program created overall savings, CMS announced. When compared to clinician groups of a similar size not participating in the program, participating ACOs performed better on quality measures, including measures for diabetes, breast cancer and colorectal cancer screenings, tobacco screenings and depression screenings.

The Medicare Shared Savings Program generated $1.8 billion in savings for Medicare in 2022, the Centers for Medicare and Medicaid Services (CMS) announced Thursday. This is the sixth year in a row that the program created overall savings, and is the second-highest savings amount since the program started more than a decade ago.

The program creates savings by working with Accountable Care Organizations (ACOs), which are groups...

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