Skilled Nursing News October 24, 2021
In its fourth year, the Next Generation Accountable Care Organization Model reduced gross Medicare spending by $667 million, due in part to a reduction in skilled nursing facility (SNF) spending, according to an evaluation of the model released last week.
However after factoring in $909 million in shared savings and other payouts, the model was associated with $243 million in net losses.
Next Generation ACOs significantly increased net Medicare spending by 0.4 percent.
Still — the National Association of ACOs praised the program’s performance, stating it netted $230 million to Medicare in 2020 alone — after factoring in shared savings paid to ACOs as well as shared losses and discounts paid to the government. By comparison, Next Gen ACOs netted...
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