Medicare's ACOs Saved Nearly $2 Billion Over Three Years, Group Says [Forbes]
Anthem, Inc. (ANTM)
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Source: Forbes
Bruce Japsen Senior Contributor i Opinions expressed by Forbes Contributors are their own. Healthcare I write about healthcare business and policy Tweet This Seema Verma, Centers for Medicare and Medicaid Services administrator for Donald Trump, listens during a Senate Finance Committee hearing in Washington,, Feb. 16, 2017. Photo: Pete Marovich/Bloomberg A widely used effort to move Medicare away from costly fee-for-service medicine saved $1.84 billion from 2013 to 2015, a new study indicates. The analysis, released Tuesday by the National Association of ACOs, comes amid a policy battle with the Trump administration over whether accountable care organizations (ACOs) in the Medicare Shared Savings Program should be held to more downside financial risk, essentially penalizing them if they don’t reduce costs and improve care. An ACO is an umbrella entity that includes doctors a
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