Home Health Care News August 25, 2023
The Medicare Shared Savings Program (MSSP) continues to save Medicare over a billion dollars annually.
And some of the highest-performing, most innovative Accountable Care Organizations (ACOs) participating in the program continue to generate savings by effectively using home-based care.
The U.S. Centers for Medicare & Medicaid Services (CMS) announced Thursday that MSSP saved Medicare $1.8 billion in 2022 compared to spending targets for the year. That marked the sixth-consecutive year the program generated overall savings and high-quality performance results, according to CMS.
“We are encouraged and inspired by six consecutive years of savings and high-quality care, with 2022 being one of the strongest years of performance to date,” CMS Deputy Administrator and Director of the Center for Medicare Meena Seshamani...