New data shows the majority of accountable care organizations that participate in the Next Generation ACO model achieved savings in 2019.
The data, recently released by the Center for Medicare and Medicaid Innovation, shows just two of the 37 ACOs failed to meet benchmarks and achieve savings in 2019. The Next Generation program actually involves 41 ACOs but four aren’t included in the data set because they deferred financial settlement. CMS said it plans to release 2019 performance results with all 41 ACOs in spring 2021 after the financial settlement is complete.
Overall, the 37 ACOs earned about $461.9 million in shared savings. Medicare saved $204 million after accounting for bonuses, according to the National Association of ACOs.