The Centers for Medicare and Medicaid Services has released a final rule updating the Medicare Shared Savings Program to give providers greater flexibility and to grow their participation in the program.
According to CMS, the final rule is an effort to provide support for the care provider community in creating a delivery system with better care, smarter spending, and healthier people. Currently, more than 400 accountable care organizations are participating in the Medicare Shared Savings Program, with over 7 million beneficiaries. In November, CMS released early results indicating that Medicare Shared Savings Program ACOs in the first two years of the program improved quality of care for beneficiaries, with ACOs improving performance in 30 of 33 quality measures.
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