Of the 114 accountable care organizations that joined the Medicare Shared Savings Program in 2012, just 54 saved money in their first 12 months.
Overall, the program's 2012 ACOs generated a total of $128 million in net savings for the Medicare Trust Fund. The savings are "within the range originally projected for the program's first year," according to CMS, even though more than half of the participants did not meet their savings benchmarks.
Read the full article on Becker's Hospital Review.
Overall, the program's 2012 ACOs generated a total of $128 million in net savings for the Medicare Trust Fund. The savings are "within the range originally projected for the program's first year," according to CMS, even though more than half of the participants did not meet their savings benchmarks.
Read the full article on Becker's Hospital Review.