U.S. Medical Management Accountable Care Partners ACO Improves Quality of Care and Generates Shared Savings through Medicare Shared Savings Program…

U.S. Medical Management Accountable Care Partners ACO Improves Quality of Care and Generates Shared Savings through Medicare Shared Savings Program MSSP ACO in Fiscal Year 2015

By a News Reporter-Staff News Editor at Insurance Weekly News -- The Centers for Medicare and Medicaid Services issued 2015 quality and financial performance results showing that The Medicare Shared Savings Program Accountable Care Organizations (MSSP ACOs) continue to generate financial savings while improving the quality of care for Medicare beneficiaries by fostering greater coordination and collaboration among providers.

When an ACO demonstrates that it has achieved high-quality care and effectively reduced spending of health care dollars above certain thresholds, the participating ACO is able to share in the savings generated for Medicare.

In 2015, over 400 Shared Savings Program ACO's generated total program savings (inclusive of all savings and losses relative to financial benchmarks) of $429 million. Of all participating ACOs, 119 Shared Savings Programs earned a portion of those shared savings by holding spending far enough below their financial benchmarks and meeting quality standards.USMM Accountable Care Partners was one of those 119 programs in 2015 that generated shared savings. USSM Accountable Care Partners saved CMS $15.1 million in its first year with the program, ranking USMM ACO in the top 20 percent of programs contributing savings to the MSSP ACO program in 2015.

USMM Accountable Care Partners is the only MSSP ACO dedicated exclusively to the home-limited population in the United States.

"We at USMM ACO partners are very pleased with this early validation of our commitment to moving the business model of home-based medical care from one strictly based on volume to one based upon value with the ultimate goal of improving health outcomes and the patient care experience," said Michael Smith, CEO of USMM.

"These early outcomes result from the transformational work that our provider-led teams have initiated in our practices across the U.S. - all with a focus on delivering patient centered care to the home-limited populations we serve," said Robert Sowislo, President of USMM Accountable Care Partners.

Keywords for this news article include: Medicare, Health Policy, Quality of Care, Investment and Finance, U.S. Medical Management.

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