Accountable Care Options, LLC and its network of primary care physicians were rewarded for reducing costs while achieving a 100% Quality Score during their first year in the Medicare Shared Savings Program.
The company and doctors achieved an Interim Shared Savings of more than $8 million for Medicare in the innovative program. The lower costs came from focusing on wellness and prevention, and doing a better job of managing individuals with chronic conditions. For their efforts, the organization earned a $4.2 million bonus from the Centers for Medicare & Medicaid Services.
They were among only 29 Accountable Care Organizations (ACO) in the nation to receive payments from Medicare. That set the network apart from ACOs that either received no payments or lost money. Accountable Care Options takes all of the financial risk in the Medicare program; member physicians receive their regular payments for treatment directly from Medicare.
