Medicare ACOs Improve Quality Of Care, Generate Shared Savings
Posted on Wednesday, August 26, 2015 9:46 AM
CMS recently issued the 2014 quality and financial performance results showing that Medicare Accountable Care Organizations (ACOs) continue to improve the quality of care for Medicare beneficiaries, while generating financial savings.
ACOs are one way that the Obama administration is working to provide Medicare beneficiaries with high-quality, person-centered care. Medicare ACOs include groups of doctors, hospitals, and other healthcare providers who voluntarily come together to provide coordinated care, with the goal of giving Medicare beneficiaries the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors.
These newly published results demonstrate significant improvements in the quality of care ACOs are offering to Medicare beneficiaries. ACOs are "judged on their performance on an array of meaningful metrics that assess the care they provide – including how highly patients rated their doctor, how well clinicians communicated, whether they screened for high blood pressure and tobacco use and cessation, and their use of Electronic Health Records." Pioneer ACOs showed improvements in 28 of 33 quality measures and experienced average improvements of 3.6% across all quality measures. Shared Savings Program ACOs improved on 27 of 33 quality measures.
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