RevCycle Intelligence September 8, 2022
The performance year financial and quality results are in, revealing a successful year for accountable care organizations (ACOs) in 2021.
Medicare’s Shared Savings Program (MSSP) saved CMS $1.66 billion in 2021, marking the fifth consecutive year of overall savings for the program; however, savings from performance year 2021 represent a decline from 2020, when ACOs saved Medicare $1.9 billion.
The 475 participating ACOs compromising half a million clinicians provided service to 11,000,000 Medicare patients, with 99 percent of organizations meeting quality standards. Nearly 60 percent of ACOs in the program also earned performance payments from CMS, worth a total of $1.9 billion.
RevCycleIntelligence breaks down those ACO performance payments and ranks the top ten MSSP earners from 2021 according to their earned...