Methodist’s Success Continues in Medicare Savings Program
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DALLAS — For the ninth straight year, Methodist Health System’s Patient-Centered Accountable Care Organization (MPCACO) improved the quality of care for nearly 12,000 Medicare beneficiaries while also generating a savings for the Medicare program through the Centers for Medicare & Medicaid Services (CMS) of $8.0 million in 2021. MPCACO once again improved quality measures and achieved Medicare expenditure reductions. MPCACO is one of only a select few ACOs across the country to have achieved an earned savings every years since 2012.
The 2021 Medicare savings resulted in a shared saving payment of $5.9 million to MPCACO. A portion will be distributed to the ACO participating physicians. The goal of an ACO is to ensure that patients, especially the chronically ill, get the right coordinated care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. When an Accountable Care Organization (ACO) demonstrates that it has achieved high-quality care and effectively reduced spending of healthcare dollars, it is able to share in the savings generated for Medicare and tax payers through this program.
Methodist is proud to be the first ACO in North Texas to qualify for shared savings nine years in a row.
“I would like to express my gratitude to all of our ACO team members, our care delivery partners and of course our physicians, who were able to maintain our success as an ACO even as we continued in the COVID-19 Public Health Emergency,” says Brian Jones, MD, FAAFP, President and Chairman, MPCACO Board of Directors. “Methodist has once again demonstrated that our programs deliver quality results for our patients and manage low value care to save healthcare dollars."