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Despite ongoing improvement, stakeholders highlight need to modernize how accountable care models are evaluated
The 115 accountable care organizations that participated in ACO REACH in Performance Year 2024 generated $2.5 billion in gross savings, with $988.3 million returned directly to the Centers for Medicare and Medicaid Services (CMS), for the care of 2.5 million seniors, according to a new report.
ACO REACH is an advanced ACO initiative to promote patient-centered care, lower costs, and align payment systems for Original Medicare beneficiaries through ACO risk-sharing and prospective payment.
The ACOs participating in the model achieved a 6.7% net savings rate, while gross savings per beneficiary per month increased 24% between 2023 and 2024.