Collaborative Health Systems MSSP ACOs Achieve $26.3 Million in Total Medicare Savings, Earns High Quality Marks in 2022

TAMPA, Fla. (October 2, 2023) – Accountable Care Organizations (ACOs) in the Medicare Shared Savings Program (MSSP) managed by Collaborative Health Systems (CHS) improved quality and savings in 2022, according to recent performance data released from the Centers for Medicare & Medicaid Services (CMS). The MSSP creates incentives for ACOs to invest in transforming care by allowing them to share in savings they generate after meeting defined quality and cost goals.

Collaborative Health Systems MSSP ACOs positively impacted more than 78,000 beneficiaries and collectively generated a total of $26.3 million in gross savings. The ACOs also achieved $10.8 million in shared savings, part of which is distributed directly with its provider partners.

CHS demonstrated strong performance improvement over the prior year of the MSSP program, with all ACOs increasing the rate of savings generated. The savings rate among its MSSP ACOs achieving shared savings was 6.4%, a 33% improvement over the prior year.

“These results clearly demonstrate the benefit of aligning with an ACO,” said Anthony Valdés, president of Collaborative Health Systems. “Our goal is to continue to grow our ACO provider partnerships by offering value-based care opportunities that reward better patient outcomes and lower costs.”

Additionally, CHS ACOs with shared savings earned an average quality score of 83.7%. Quality scores are set forth by Medicare and measure areas like preventive health checks, use of computerized health records and preventing hospitalizations.

“The quality score highlights value-based care, which puts the patient at the center of the healthcare system, incentivizes providers who invest in care coordination to improve quality, enhance the patient experience and keep care affordable,” Valdés added.

For more information about Collaborative Health Systems, click here.

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About Collaborative Health Systems (CHS)

Collaborative Health Systems (CHS) is a management services organization that partners with independent primary care physicians as they move to value-based models. Its core belief is that primary care physicians are in the best position to influence the quality and cost of healthcare. CHS provides comprehensive support for its physician partners by providing management services, risk contracting and population health capabilities, including actionable data and other tools, to deliver care coordination and closure of gaps in care. CHS provides additional services to secure and deliver favorable value-based contracts with commercial and other health plans. CHS currently manages four REACH ACOs, six MSSP ACOs, three Independent Physician Associations and a Care Transformation Organization. CHS additionally contracts with private payers to help its providers expand their participation in value-based care across lines of business such as Medicare Advantage. CHS is a wholly owned subsidiary of Centene Corporation. For more information, visit www.CollaborativeHealthSystems.com.

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