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MSSP ACOs saves Medicare $2.1 billion in 2023, the largest savings in program history

FierceHealthIT

Accountable care organizations saved Medicare $2.1 billion, the largest yearly savings in program history, in 2023, the Centers for Medicare & Medicaid Services revealed on Tuesday. Accountable care organizations (ACOs) saved Medicare $2.1

Medicare 130
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Farzad Mostashari: CMS should look to Medicare Advantage to improve accountable care

FierceHealthIT

HHS Secretary Alex Azar has made it clear that the transition to value-based care is one of his priorities. To help meet that goal and support accountable care organizations, he should look to Medicare Advantage for inspiration, say Farzad Mostashari, M.D., and Travis Broome.

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How Does Health IT Enable Accountable Care? – #HITsm Chat Topic

Healthcare IT Today

This week’s chat will be hosted by Travis Broome (@Travis_Broome) on the topic “How Does Health IT Enable Accountable Care?” ” Half of Medicare beneficiaries who could be in an ACO are now in an ACO. […].

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CMS officials say agency is monitoring concerns from ACOs about DME costs

FierceHealthIT

Accountable care organizations have sounded the alarm on billions in durable medical equipment fraud, and officials at the Centers for Medicare & Medicaid Services (CMS) said Thursday that the | Accountable care organizations have sounded the alarm on billions in durable medical equipment fraud, and officials at the Centers for Medicare & Medicaid (..)

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ACO Reach program savings grew larger in 2023. NAACOS is angling for the model's extension

FierceHealthIT

Accountable care organizations in the ACO Reach program can claim credit for saving the Centers for Medicare & Medicaid Services (CMS) hundreds of millions of dollars | CMS released favorable savings results for ACO REACH Model participants, as industry group NAACOS begins to push for the program's extension through 2030.

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Netsmart Announces Acquisition of HealthPivots to Support Value-Based Care Transition for Healthcare Providers

Healthcare IT Today

The combination of the Netsmart CareFabric with the HealthPivots DataLab will lead to consolidated, robust data and advanced analytics, providing an industry-leading platform that will help enhance post-acute care providers transition to value-based care.

Medicare 111
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ACOs to receive $20M in advance investment payments

FierceHealthIT

In 2024, 50 accountable care organizations are new to the Medicare Shared Savings Program and 71 ACOs renewed participation, according to new numbers released by Centers for Medicare & Medicaid | CMS released new data Monday showing ACO participation in the Medicare Shared Savings Program, with 19 ACOs set to participate in a new payment option, (..)