News Report | December 22, 2019
Medicare Shared Savings Program Lowered Medicare Spending By $755 Million Over 5 Years
From 2013 to 2017, the Medicare Shared Savings Program (MSSP) generated $755 million in net savings to the Centers for Medicare & Medicaid Services (CMS). Net savings are the total savings ACOs produce, minus what CMS pays to accountable care organizations (ACOs) for reaching spending targets and quality measures. The MSSP includes 518 ACOs.
Additional findings include:
- From 2013 to 2017, gross savings from ACOs was $3.5 billion.
- Gross federal savings in the MSSP have increased every year that was studied. In 2013, ACOs delivered $357 million in gross savings for CMS; however, that number . . .