Medicare saved record $2.4B from largest accountable care program last year

Dive Brief:

Medicare’s largest shared savings program is boasting the highest savings for accountable care organizations and the government since it began more than one decade ago.

The Medicare Shared Savings Program generated a record $6.5 billion in savings last year, with $2.4 billion of that flowing to the government and ACOs retaining $4.1 billion in performance awards.

The CMS also found that ACOs, groups of providers that band together to manage care for a patient population, are improving in quality, with health markers including those for blood pressure, depression and diabetes improving compared to 2023.

Dive Insight:

The Medicare Shared Savings Program, or MSSP, is the largest ACO program in Medicare with 10.3 million beneficiaries covered by almost 480 ACOs.

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