New data released by the Centers for Medicare & Medicaid Services shows more evidence that accountable care organizations have reduced direct Medicare spending in 2016.
Participants in the Medicare Shared Savings Program (MSSP), the agency’s largest ACO program, saved a total of $652 million, according to data released on Friday by CMS. Like it did earlier this month with information about the Pioneer ACOs and Next Generation ACO model, the agency released the data with little fanfare and included the information in spreadsheets with no announcement.
In total, data from the MSSP, Pioneer ACOs, Next Generation and Comprehensive ESRD Care (CEC) Model reduced gross Medicare spending by $836 million in 2016, returning $70.6 million in net savings to the Medicare Trust Fund, according to an analysis of the information from the Health Care Transformation Task Force.
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