The initiative generated $57.7 million in gross savings for Medicare and $13 million in shared savings in 2015, according to Dr. Conway. Four of the participating seven regions — Arkansas, Colorado, Oregon and the Greater Tulsa region of Oklahoma — generated net savings and will split them with CMS. The net savings generated will cover the net losses recorded in the three other regions. This shows marked improvement over the year prior, when just one region was able to generate net savings.
While lowering spending, 95 percent of the CPC practices were still able to meet quality requirements. Almost all practices reported higher than national rates of colorectal cancer screening and influenza immunization, and all practices that reported screening for depression exceeded national benchmarks. It was also the first year CPC included performance on reporting electronic Clinical Quality Measures in shared savings determinations, but practices met the challenge — 97 percent successfully reported nine eCQMs, according to Dr. Conway. Perhaps most importantly, patients treated in CPC practices reported high levels of satisfaction on care and care coordination.
“The positive performance is a testament to the efforts CPC practices have made to provide truly ‘comprehensive primary care,'” Dr. Conway wrote.
Read the full blog post here.
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