Main Library
The Medicare Shared Savings Program achieved over $2.1 billion in net savings for Medicare in 2023 — the largest savings in its decade-long history, according to the Centers for Medicare & Medicaid Services (CMS). In addition to cost savings, Accountable Care Organizations (ACOs) participating in the program have raised the bar in quality of care. With over 480 ACOs involved, the Shared Savings Program is now one of the largest value-based programs in the United States, including more than 608,000 clinicians who collectively care for nearly 11 million Medicare beneficiaries.
Primary care has emerged as a key factor in this success, as ACOs led by primary care clinicians demonstrated higher net savings per capita than other ACOs, according to CMS. This model underscores how primary care’s role in patient-centered, coordinated care leads to both better patient outcomes and reduced costs. “ACOs in the Medicare Shared Savings Program continue to deliver high-quality health care for people with Medicare and meaningful savings for the Medicare program,” said CMS Administrator Chiquita Brooks-LaSure.