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Next Generation ACO model saves Medicare $349M before incentive payments
The Next Generation Accountable Care Organization model reduced gross Medicare spending for calendar years 2016 to 2018 by $349 million (0.9%) without increasing preventable hospitalizations or readmissions, according to findings released by the Centers for Medicare & Medicaid Services.
CMS: Medicare ACOs save $1.19B in 2019
Accountable care organizations in the Medicare Shared Savings Program generated $1.19 billion in total net savings to Medicare in 2019, the third and largest annual savings for the program to date, Centers for Medicare & Medicaid Services Administrator Seema Verma announced.
Coalition Voices Support for the Value in Health Care Act of 2020
Thirteen organizations representing health care providers, including the AHA, voiced support for the Value in Health Care Act, legislation to strengthen Medicare’s value-based payment models and accountable care organizations.
Special Bulletin: CMS Releases Final Rule on Medicare Shared Savings Program
The Centers for Medicare & Medicaid Services Dec. 21 issued a rule, called “Pathways to Success”, that finalizes changes to the Medicare Shared Savings Program, including to the structure of payments made to accountable care organizations and other aspects of participation in the MSSP.
AHA, Health Organizations Express Support for the the Accountable Care in Rural America Act (H.R. 5212)
AHA, health care organizations voice support for the Accountable Care in Rural America Ac
Companion bill to address Medicare ACO benchmarking flaw introduced
A coalition of 14 health care organizations, including the AHA, today voiced support for the Accountable Care in Rural America Act, the companion to Senate legislation that would revise the benchmarking formula for the Medicare Shared Savings Program to ensure participating ACOs have an equal opportunity to share in savings regardless of their geographic location.
Groups voice support for bill to address Medicare ACO benchmarking flaw
A coalition of 15 health care organizations, including the AHA, today voiced support for the Rural ACO Improvement Act (S. 2648), legislation that would revise the benchmarking formula for the Medicare Shared Savings Program to ensure participating accountable care organizations have an equal opportunity to share in savings regardless of their geographic location.
Chairman’s File: ACOs improving quality, reducing costs
Hospitals and health systems are leading transformative efforts to provide better care at lower costs for patients and communities.
Medicare ACOs generate nearly $740 million in 2018 net savings
The Medicare Shared Savings Program generated $739.4 million in total net savings across 548 accountable care organizations in 2018, Centers for Medicare & Medicaid Services Administrator Seema Verma announced yesterday.