Medicare saves record $2.1B from largest accountable care program

Dive Brief:

• Medicare’s largest value-based care program saved the government more than $2.1 billion last year — an all-time record, according to the CMS.
• Accountable care organizations, groups of providers that join together to manage the care of a patient population, also benefited, receiving performance payments of $3.1 billion in 2023. That’s also a historic high since the Medicare Shared Savings Program was formed more than one decade ago.
• The quality of ACOs is also rising, the CMS said. Regulators specifically called out improvement in measures related to diabetes and blood pressure control, statin therapy for cardiovascular diseases and screening for depression, fall risk and breast and colorectal cancers.

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