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Medicare Shared Savings Program Continues to Deliver Savings, Quality Care

October 30, 2024Garrett Schmitt

The Medicare Shared Savings Program (MSSP) continues to deliver meaningful savings while supporting high-quality health care, according to CMS.1 In 2023, the program saved Medicare more than $2.1 billion, while Shared Savings program Accountable Care Organizations (ACOs) helped deliver high-quality care and support CMS policies to enhance primary care, expand access to accountable care to…

APG Leaders Tout Primary Care Focus’s Role in MSSP Savings, Quality Gains

October 30, 2024Garrett Schmitt

In the wake of an important update from the Centers for Medicare & Medicaid Services (CMS) on the Medicare Shared Savings Program (MSSP), one of the nation’s leading associations representing physician groups involved in value-based contracting has released a press release focusing on the strong contribution of medical groups focused on primary care, to that…

Editor’s Notes: Good ACO News, Coming at a Key Moment

October 30, 2024Garrett Schmitt

The news coming out of the Centers for Medicare & Medicaid Services (CMS) this week was all good. What might that mean in the context of an uncertain and complex political landscape around healthcare generally and around value-based contracting more specifically? Well, to begin with, the news coming out of the federal government on Oct….

Using connected care tools to further value-based care goals

October 30, 2024Garrett Schmitt

Prevention is better than cure — this age-old adage continues to guide the healthcare industry as it moves from volume-driven to value-based care models. In value-based care models, healthcare providers are paid based on the quality of care they provide, measured by clinical outcomes, patient and provider experience and the cost of care. According to…

Researchers: LLMs Can Help Process Hospital Quality Measures

October 29, 2024Garrett Schmitt

Researchers at University of California San Diego School of Medicine found that large language models (LLMs) can accurately process hospital quality measures, achieving 90% agreement with manual reporting. By addressing the complex demands of quality measurement, the researchers believe the findings pave the way for more efficient and reliable approaches to healthcare quality reporting. The…

CMS Announces Record Savings, ACO Payouts in Medicare Shared Savings Program

October 29, 2024Garrett Schmitt

Senior officials at the Centers for Medicare & Medicaid Services (CMS) announced record net savings for the Medicare Shared Savings Program (MSSP) on Oct. 29—a total of more than $2.1 billion in 2023, along with $3.1 billion in performance payments for accountable care organizations (ACOs) participating in the program. The agency posted a press release…

Medicare Shared Savings Program Continues to Deliver Meaningful Savings and High-Quality Health Care

October 29, 2024Garrett SchmittNo CommentsCMMI, CMS, MSSP

The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program (Shared Savings Program) continues to save Medicare money while supporting high-quality care. The Shared Savings Program yielded more than $2.1 billion in net savings in 2023 — the largest savings in the Shared Savings Program’s history. In addition, Shared…

Health Care Leaders Push Forward on Value-Based Care Amid Challenges

October 23, 2024Garrett Schmitt

Value-based care remains a top priority in the shifting landscape of US health care, as emphasized during a recent session at the National Association of Accountable Care Organizations (NAACOS) fall conference. The discussion brought together payers and providers to explore the challenges and opportunities in improving patient outcomes while reducing health care costs, with a…

RPM unleashes the power of tracking blood pressure control, enhancing value-based care and transforming patient outcomes

October 23, 2024Garrett Schmitt

Hypertension control is very personal for me. Yet discussing health outcomes in terms of quality metrics and value-based measures can start to feel quite impersonal. We should remember that each of the individuals that make up those populations being measured may be deeply affected by their individual metrics and the related outcomes. When I was…

Can Primary Care Thrive Outside of Traditional Healthcare Players?

October 22, 2024Garrett Schmitt

The past couple of years have been rocky for companies looking to disrupt the traditional primary care model — with top retailers Walmart and Walgreens announcing that they’re winding down their primary care operations significantly. Others still stand, though the jury is out on whether they can master the tough unit economics that come along…

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