Another 89 ACOs join federal cost-sharing programs

merger, acquisition, money, handshake - 113.76 Kb
Eighty-nine new accountable care organizations (ACOs) serving 1.2 million Medicare patients in 40 states and Washington, D.C. officially entered into agreements with the Centers for Medicare & Medicaid Services (CMS) as of July 1.

The new group joins 65 other healthcare organizations participating in the Medicare Shared Savings Program and similar cost-sharing initiatives, bringing the total number of ACOs to 154 and the total number of patients served by ACOs to more than 2.4 million, according to a July 9 CMS statement.

Accountable care organizations (ACOs) now stretch across 45 U.S. states and Washington, D.C., according to a white paper from Leavitt Partners. The 221 identified ACOs represent a 38 percent increase compared with those identified just six months ago.

A June whitepaper from Leavitt Partners, “Growth and Dispersion of Accountable Care Organizations,” reported 221 ACOs across 45 states and Washington, D.C. That figure represents a 38 percent increase compared with the ACOs identified six months earlier. The paper also said that ACO activity in the private sector outnumbers the government sector by a factor of four to one, while the majority of ACOs are found in larger metropolitan regions.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.