Augusta Care Partners received our 2018 Medicare Shared Savings Program (MSSP) final performance results last month. As a reminder, CMS sets financial and quality performance goals for Accountable Care Organizations (like ours) in the MSSP. If we meet certain quality and cost savings thresholds, we are able to share in the “savings” we generate for Medicare. In our current contract there are no penalties for not meeting the savings threshold, but that all changes in 2021…
So, how did we do?
Our overall expenditures in 2018 missed the target by 1.8% or roughly $173 per beneficiary. While we did not come in under the budget Medicare set for us, our performance would have put us comfortably in the “safe zone” (no shared losses) if we had been in an at-risk model.
Quality scores improved significantly over last year, driven by gains in our claims-based admission/readmission measures and patient experience scores. For quality measure performance details, click here.
More to come!
Please join us at the ACP General Provider Meeting on October 24 at 5:30pm in the ACC building at Augusta Health. We’ll be sharing more information about our 2018 MSSP performance and what we are launching to bend the cost curve in 2020.