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The Medicare Shared Savings Program collectively saved Medicare $4.1 billion last year and $1.9 billion after accounting for shared savings payments.
It is the highest annual savings to date for the accountable care organization model that served 10.6 million seniors in 2020.
The accountable care organizations had an average quality score of 97.8% and 60 earned a score of 100%. The results are an improvement over the $2.6 billion and $1.2 billion in gross and net savings in 2019.