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Medicare shared-savings ACOs cut $1 billion in costs over three years

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(Story updated at 4:33 p.m. ET)

Accountable care organizations participating in the CMS’ Medicare shared-savings program reduced spending by about $1 billion in three years, HHS’ Office of Inspector General reported Tuesday.

Most of the 428 ACOs in the first three years of the shared-savings program reduced Medicare spending compared to their benchmarks, and a small group of those ACOs produced “substantial” savings.

Read the source article at modernhealthcare.com

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