Accountable care organizations saved Medicare $2.1 billion, the largest yearly savings in program history, in 2023, the Centers for Medicare & Medicaid Services (CMS) revealed. The results come from the Medicare Shared Savings Program (MSSP), which saved a net $1.8 billion in 2022, at the time the second-highest annual savings. It is the seventh consecutive year the program generated savings. ACOs reaped $3.1 billion in performance payments, again the highest figure since the program started 10 years ago. These organizations also scored better on certain quality measures, a news release explained.
Read the full article: MSSP ACOs Save Medicare $2.1B in 2023, the Largest Savings in Program History //
Source: https://www.fiercehealthcare.com/payers/mssp-acos-saves-medicare-21-billion-2023-largest-savings-program-history