CMS saved $739 million last year from Medicare ACOs

The CMS achieved savings from the Medicare Shared Savings Program last year, marking the second year in a row the agency turned a profit from the program.

About 66% of the 548 Medicare accountable organizations produced a total of $1.7 billion in savings in 2018 and the CMS scored a $739.4 million gain, according to new agency data. That’s significantly higher compared to 2017 when the CMS saved $314 million from the program.

The savings were greater as more ACOs took on downside risk compared to previous years, analysts said.

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