7 Things to Know about 2014 Pioneer ACO Performance
The HealthcareWebSummit event: Succeeding as an ACO: Establishing a SNF Preferred Provider Network will be held Friday. October 16th, at 1PM Eastern
- During 2014, Pioneer ACOs generated total savings of $120 million, an increase of 24% from 2013 ($96 million),and 2012 ($88 million).
- Of 15 Pioneer ACOs who generated savings, 11 qualified for shared savings payments of $82 million
- Of 5 Pioneer ACOs who generated losses, three owed shared losses, paying CMS $9 million
- Average Pioneer savings per ACO increased from $2.7 million per ACO in 2012 to $4.2 million per ACO in 2013 to $6.0 million per ACO in 2014
- The mean quality score among Pioneer ACOs increased to 87.2 percent in 2014 from 85.2 percent in 2013, and 71.8 percent in 2013
- Pioneer AOCs showed improvements in 28 of 33 quality measures and experienced average improvements of 3.6% across all quality measures compared to 2013
- Pioneer ACOs improved the average performance score for patient and caregiver experience in 5 out of 7 measures compared to 2013
Source: CMS Fact Sheet, Medicare ACOs Provide Improved Care While Slowing Cost Growth in 2014
Source URL: https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheet...