ACOs Save Medicare $466M Last Year But Quality Improvements Are Mixed
The Centers for Medicare & Medicaid Services announces that a third of the accountable care organizations will receive bonuses, which are awarded in part on performance and quality marks.
Fewer Than A Third Of Medicare ACOs Received Bonuses Last Year
The mixed results for Medicare accountable care organizations continued last year with fewer than one-third of them qualifying for bonus payments, the CMS said Thursday. The news comes as the administration is preparing providers for the new Medicare reimbursement program known as MACRA, which is set to begin collecting data in January. It shifts away from fee-for-service payments and toward value-based payments, thus promoting the use of programs like ACOs. (Muchmore, 8/25)
KHN's ABCs of ACOs: Accountable Care Organizations Explained