The Medicare Shared Savings Program (MSSP) achieved a record savings of over $2.1 billion in 2023, marking the highest savings in the program's history.

Accountable Care Organizations (ACOs) and Quality Care

ACOs participating in the MSSP earned shared savings payments totaling $3.1 billion in 2023, the largest amount since the program's inception. This milestone reflects the effectiveness of ACOs in delivering higher-quality care and supporting initiatives aimed at enhancing primary care and expanding access to underserved communities.

The CMS reported significant improvements in quality measures, including:

• Diabetes and blood pressure control
• Cancer screenings
• Depression screening and follow-up

Program Overview and Future Goals

The Medicare Shared Savings Program currently includes 480 Shared Savings Program ACOs, with over 608,000 clinicians providing care to nearly 11 million Medicare beneficiaries. The CMS aims to have 100% of individuals with Traditional Medicare in an accountable care relationship by 2030.

The agency is also supporting ACOs in their transition to digital quality measurement reporting, recognizing the challenges organizations face in adopting digital measures. This transition will further enhance care delivery while controlling costs.

Cumulative Savings and Conclusion

The MSSP has cumulatively saved Medicare $4.3 billion, demonstrating its potential to enhance care delivery while controlling costs. These record savings in 2023 highlight the success of the program and the commitment to improving healthcare outcomes for Medicare beneficiaries.