Founded in 2014, Providence’s Health Connect Partners, a Medicare Shared Savings Program ACO, has been steadily enhancing its capabilities over the past decade. It has expanded its services across five states and has taken on higher risk levels. In performance year 2024, HCP generated more than $122 million in shared savings. Since its inception, HCP steadily improved performance, delivering increasing CMS savings in multiple years including 2017, and 2019 through 2022. This success is largely attributed to HCP leveraging the high quality and efficient work of physicians within the Providence family of organizations, maximizing outcomes for both patient care, and CMS and Medicare savings.
