2015 Started Out With 89 New ACOs Joining the Medicare Shared Savings Program

89 new ACOs joined the Medicare Shared Savings Program starting January 2015, increasing the total participating ACOs to 424; including the Innovation Center’s 19 Pioneer ACOs. The 89 new Shared Services ACOs added 23,000 additional physicians and other providers to the Medicare Shared Savings Program’s provider network. The Share Services ACOs combined with the Innovation Center’s 19 Pioneer ACOs will serve over 7.8 million beneficiaries.

Covered Lives Under ACOs as well as the Number of ACOs is Growing

The number of ACOs rose from Q4 2010 to Q4 2013 from 41 to 606. During that time frame, the number of ACOs’ covered lives grew from 0.2 million to 18.1 million. Will the numbers continue to increase?

How will private ACOs impact your business?

As healthcare reform shifts from traditional fee-for-service to alternative provider compensation models, such as shared savings/risk-sharing arrangements, provider organizations that aren’t already on the ACO bandwagon are closely watching the performance of ACOs around the country to see if they should get in the game. Last week, a private California ACO reported early success.

Keeping Up with the Changes in Accountable Care Organizations

With ACOs becoming more and more common in the healthcare industry, it important to keep up with all the updates surrounding them. The following entry points out some of these changes and indicates when healthcare experts will know just how successful ACOs actually are.