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Medicare ACO savings hit a record high, with accountable care organizations collectively saving Medicare $4.1 billion in 2020, according to a new report.
The total savings, along with the $1.9 billion in net savings after accounting for shared savings payments, made 2020 the best year yet for the Medicare Shared Savings Program, report author National Association of ACOs (NAACOS) stated.
The ACOs also achieved an average quality score of 97.8 percent last year, with 60 ACOs earning a perfect score of 100 percent, NAACOS reported using performance data recently released by CMS.