article thumbnail

CMS holds accountable care organizations harmless for ‘highly suspect’ Medicare billing

Health Care Dive

Aberrant billing for urinary catheters last year could have made it harder for ACOs in Medicare to bring in shared savings. That’s no longer the case under a new final rule.

article thumbnail

Medicare saves record $2.1 billion from largest accountable care program

Health Care Dive

Citrus ACO in Central West Florida had the highest savings rate, while Health Connect Partners — an ACO operated by hospital giant Providence — had the highest total savings in the Medicare Shared Savings Program last year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Fierce Healthcare

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 328
article thumbnail

CMMI wants every Medicare beneficiary in an accountable care plan by 2030

Health Care Dive

Officials acknowledged provider concerns that current models are too burdensome and benchmarks too complex, which the innovation center aims to rectify.

article thumbnail

Even modest meds adherence can be financially transformative for health systems

Healthcare It News

As healthcare continues to advance with accountable care organizations and value-based care models, the industry is starting to see some real traction after a decade of groundwork in the form of CMS claims for the Medicare Shared Savings Program. There are some critical elements driving success here.

article thumbnail

ACOs led by independent physicians save Medicare ‘substantially’ more money, CBO says

Health Care Dive

Independent practices have clearer financial incentives to lower medical spending than hospitals participating in accountable care organizations, according to the Congressional Budget Office.

article thumbnail

House Republicans press feds on Medicare catheter fraud scheme

Fierce Healthcare

Leading Republicans in the House are demanding answers regarding a recently uncovered catheter billing scheme that has critical implications for Medicare and accountable care organizations. |

Medicare 244