If CMS aims to lower healthcare costs and improve quality, then the agency should use more population-based alternative payment models, like accountable care organizations (ACOs), according to a new analysis. The analysis of the evaluations for more than a dozen CMS value-based initiatives over the past eight years showed that no other alternative payment model came…
In a recent post, the administrator of the Centers for Medicare and Medicaid Services (CMS) reported that the Medicare Shared Savings Program (MSSP) generated $2.6 billion in gross savings in 2019 and $1.2 billion in net savings after accounting for shared-savings payments to participating accountable care organizations (ACOs). Achieving this level of savings would constitute remarkable…
Implementation of accountable care organizations (ACOs) has been occurring unevenly across the nation, with rural areas lagging behind their more urban counterparts in ACO establishment (for example, see here, here, and here). To help establish ACOs in more areas of the country, the Centers for Medicare and Medicaid Services (CMS) developed the ACO Investment Model (AIM) to provide participating ACOs…
Accountable care organizations had a record year, according to the latest performance data for the Medicare Shared Savings Program. CMS recently announced that organizations participating in the program – which are otherwise known as ACOs – saved Medicare nearly $1.2 billion in 2019 while maintaining a high level of care quality as measured by longstanding program metrics….
The term accountable care organization (ACO) dates back to at least 2006. The Affordable Care Act then made ACOs a fast-growing trend thanks to the Centers for Medicare and Medicaid Services (CMS) launching its Shared Savings Program in 2012. Since then, ACOs have been at the forefront of the value-based care model transition, taking incremental steps…
With Medicare’s main trust fund projected to run out in just seven years, the Trump Administration is working hard to lower health care costs and increase quality to protect the Medicare program for all Americans who depend on it. The Medicare Shared Savings Program (Shared Savings Program), established by Congress, promotes accountability for a patient…
Download Pathways to Success Planning Matrix Download Slide Deck Covered in this 60 minute webinar: NOIA & Application Timeline Pathways to Success – overview Alex Azar & Seema Verma on risk ACO Alternatives How to achieve Shared Savings and more….
