Of the 32 original Medicare accountable care organizations, 13 dropped out of the program after struggling to reduce costs, Modern Healthcare reports.
More than 400 accountable care organizations are participating in the Medicare program and providing care to approximately 7.2 million beneficiaries. However, a senior policy researcher noted during a Federal Trade Commission forum that most of the savings under the new payment models have been achieved through cuts to providers.
Read more below:
Executive Editor
Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.