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The results are in for the first year of the CMS Pioneer Accountable Care Organization – and it’s a mixed bag of bright spots, not-so-bright spots, lessons learned.
Thirty-two organizations were selected to become Pioneer ACOs and cut costs to physicians and Medicare through quality improvement. Physicians and are reimbursed on the basis of quality, rather than volume. According to new CMS data:
So while the ACO program may not be a rousing success at this point, it does show promise. Cost savings are being shown, and the majority of the participating organizations are going to stick with it. There are two more years to the Pioneer program, and it will be interesting to see what sorts of tweaks and improvements are made, and whether the results will encourage other health systems to become ACOs (or at least take away some of the doubt).