University Hospitals (Cleveland). University Hospitals gained CMS approval to participate in the Medicare Shared Savings Program in 2012 and recorded $5.6 million in shared savings during its third performance year. University Hospitals participates in two additional ACOs: an employee ACO and a pediatric ACO. In 2012, CMS awarded Cleveland-based University Hospitals Rainbow Babies & Children's Hospital a $12.7 million healthcare innovation grant to create UH Rainbow Care Connection, a pediatric ACO covering 200,000 children.
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