San Mateo Podiatry Group

Make a PaymentCall Today! 650-342-2420 Menu
  • Home
  • About Us
  • New Visitors
  • Services
  • Contact
News / 9 ACOs dump Medicare’s Pioneer program | Medical Economics

9 ACOs dump Medicare’s Pioneer program | Medical Economics

on August 9, 2013

Medicare’s Pioneer Accountable Care Organization (ACO) program lost two organizations that suffered $4 million in losses, while seven others have shifted to a less financially stringent ACO model.

Those seven organizations plan to move to the Medicare Shared Savings Program, which permits bonus-only financial arrangements, according to the Centers for Medicare and Medicaid Services (CMS). While all of the Pioneer ACOs beat industry benchmarks for their first year, only 13 made enough to share the savings with CMS.

CMS views it as a win.

Overall, the results included higher quality care and lower Medicare expenditures. And the costs for about 669,000 beneficiaries aligned to Pioneer ACOs grew by only 0.3% in 2012, while costs for similar beneficiaries grew by 0.8%.

“The Affordable Care Act has given us a wide range of tools to realign payment incentives in Medicare and Medicaid,” says CMS Administrator Marilyn Tavenner. “These efforts are already paying off.”

The central premise of the Pioneer ACO model is to realign payment incentives, while promoting high-quality and coordinated care for the highest level of wellness for Medicare beneficiaries.

9 ACOs dump Medicare’s Pioneer program | Medical Economics.

Recent News

  • What is minimally invasive foot and ankle surgery?
  • At Risk Foot Care: 8 Top Tips
  • Survey finds prior authorization hurdles have led to serious adverse events
  • Osteochondral Lesions of the Talus – Allograft no better than micro fracture?

Categories

  • all
  • exclusives
  • press releases
  • smpg in the news
  • technology & research
  • trending topics
  • what's new in foot and ankle surgery

Reserve Your Consultation Today!

Learn why more families in the San Francisco Bay Area chose us for their foot and ankle care!

Reserve Online
Meet Your Doctors

Learn More

Why Choose Us?

Learn More

Health Insurance Explained

Learn More

Contact Information

San Mateo Podiatry Group
1750 El Camino Real, Suite 106
Burlingame, CA 94010

Monday to Friday, 9:00 AM - 5:00 PM
Same Day Urgent Care Consults Available

Reserve Your Visit Online
Call Today: 650-342-2420

Connect

  • Home
  • News
  • Careers
  • Media Inquiries
  • Contact Us

About

  • Who We Are
  • Meet The Doctors
  • Meet The Team
  • Why Choose Us?
  • Advantage: Podiatry
  • Client Testimonials

Patient Resources

  • New Visitors
  • Your Consultation
  • Patient Portal
  • Telemedicine
  • Out of Town Patients 
  • Health Insurance FAQ
  • Financing Options

Downloads

  • Registration Forms
  • Financial Policies
  • Practice Policies
  • Privacy Notices (HIPAA)
  • Patient Education Library
  • Stretching Instructions
  • After-Surgery Instructions

© Copyright 2021 San Mateo Podiatry Group

Since 1917, A Tradition of Excellence in Foot and Ankle Care.

All Rights Reserved | Terms of Use and Privacy Policy