Last year marked the fifth performance year of the Medicare Shared Savings Program, during which ACOs reduced Medicare spending by $652 million, according to the Health Care Transformation Task Force.
Roughly 31 percent of those MSSP ACOs generated shared savings in 2016, according to data CMS released Friday.
In terms of quality, 330 of the 428 ACOs subject to pay-for-performance measures earned an average quality score of 94 percent. Ninety-eight of the ACOs garnered a 100 percent quality score. Overall, the average performance score improved by more than 10 percent across five measures: screening for fall risk, depression screening and follow-up, high blood pressure screening and follow-up, hemoglobin checks for diabetic patients, and diabetes eye exams.
Here are 10 ACOs achieving the highest shared savings in 2016.
1. Palm Beach ACO (Palm Springs, Fla.) — $30,540,508
2. Advocate Physician Partners Accountable Care (Rolling Meadows, Ill.) — $28,924,272
3. Hackensack (N.J.) Alliance ACO — $22,835,022
4. USMM Accountable Care Partners (Troy, Mich.) — $21,195,787
5. AMITA Health ACO (Arlington Heights, Ill.) — $20,489,157
6. Cleveland Clinic Medicare ACO — $19,914,592
7. Millennium ACO (Fort Myers, Fla.) — $18,530,680
8. UT Southwestern Accountable Care Network (Dallas) — $17,464,034
9. Memorial Hermann ACO (Houston) — $14,025,212
10. Orange Accountable Care of South Florida (Miami Lakes, Fla.) — $13,033,788
Editor's note: This article was updated Oct. 31 at 1:35 p.m. to reflect MSSP ACOs saved Medicare $652 million in 2016, not $836 million. This was the savings across all four Medicare ACOs. We regret this error.
More articles on ACOs:
How the Next Generation ACOs compared on shared savings in 2016
How the Pioneer ACOs stacked up on shared savings, quality in 2016
Most Track 1 ACOs to score in top MIPS tier