The Center for Medicare & Medicaid Services (CMS) announced that 99 more Accountable Care Organizations have joined the ACO Shared Savings program in 2017, and 79 ACOs have renewed their participation. This brings the total number of Medicare Shared Savings ACOs to 572.
- Shared Savings ACOs receive a portion of any financial savings if they meet quality and cost benchmarks. Providers can also choose to share in losses in exchange for receiving a higher percentage of savings. For 2017, 42 ACOs have chosen these higher risk/reward payment tracks.
CMS also announced that 45 ACOs will participate in the newly created Next Generation ACO model which gives participants the opportunity to take on even higher levels of financial risk, up to 100 percent. In exchange, Next Generation ACOs receive a greater share of potential savings.
The chart below outlines the three ACO models, their main features, and the number of ACOs in each for 2017. For a list of all Shared Savings ACOs by state, go to the CMS page, "ACOs in Your State." It explains how to obtain detail on each organization.