The Centers for Medicare & Medicaid Services (CMS) has established a Medicare Shared Savings Program (Shared Savings Program) to facilitate coordination and cooperation among providers to improve the quality of care for Medicare Fee-For-Service (FFS) beneficiaries and reduce unnecessary costs. Eligible providers, hospitals, and suppliers may participate in the Shared Savings Program by creating or participating in an Accountable Care Organization (ACO). The Shared Savings Program is designed to improve beneficiary outcomes and increase value of care by:
The Shared Savings Program will reward ACOs that lower their growth in health care costs while meeting performance standards on quality of care and putting patients first.
CCPM performed well in patient/caregiver experience, which is assessed through random surveys of Medicare members for the 2016 performance year.
For the 2016 performance year, CCPM achieved $4.3 million in total savings for Medicare, with $2.1 million in shared savings returning to CCPM and its member organizations – all of which are federally qualified health centers or critical access and community hospitals who are collectively committed to improving the quality and effectiveness of health care delivery and reducing unnecessary healthcare costs.
In the areas of preventive care and the treatment of at-risk populations with chronic disease, CCPM performed better than the mean performance rate of all participating MSSP ACOs for 14 out of 17 metrics.