Initial results for Medicare's Pioneer Accountable Care Organization Model released two weeks ago indicated that Newton, Mass.-based Atrius Health's Pioneer ACO took a financial loss in its first performance period and would owe shared losses — however, the figures have now been updated and Atrius Health does not owe money to CMS.
The early results reported Atrius' financial loss as 2.1 percent, meaning the Pioneer ACO would owe shared losses. The updated figures show Atrius Health's loss in the first performance period was 0.98 percent, which falls within the margin of error. Therefore, the ACO does not have to pay a shared loss for its first performance year.
According to a statement by Emily Brower, executive director of accountable care programs at Atrius Health, the change in figures happened because the initial results were released before Atrius Health's numbers were finalized, as the ACO's first performance period ended in March.
"We are pleased to hear this news because the improvement shows that we have made terrific progress into 2013," Ms. Brower said in the statement. "We will harvest these results as we move forward with the Pioneer ACO Model to provide better care, better health and lower costs for our patients."
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