ACOs lowered spending in rural, underserved areas

Medicare Shared Savings Program ACOs can lower Medicare spending in rural areas, suggests a study published in The New England Journal of Medicine.

Advertisement

The study looks at the ACO Investment Model, an incentive created by CMS to increase MSSP ACOs in rural areas. The researchers compared Medicare claims and enrollment data for patients of 41 ACOs in the model. They compared this data to that of similar patients, in the same markets, who did not receive care from providers in an ACO.

They found patients who participated in ACOS were hospitalized less and required less institutional post-acute care, which reduced spending by a net of $10.46 per patient per month. Across all patients, the ACOs generated an aggregate net savings of $48.6 million.

Read more here.

 

More articles on finance:

For-profit hospital stock report: Week of Aug. 12-16
Beaumont Health’s net income climbs to $209M in first half of 2019
14 hospitals closed so far this year — here’s why

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.