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Pioneer ACOs Saved Medicare $118 Million in Year One
HealthLeaders Media

Medicare’s 32 Pioneer Accountable Care Organizations saw modest improvements in quality at a marginally lower cost in their first year of operation, a new study shows.

The report, published in The New England Journal of Medicine, estimates that the Pioneer program saved Medicare about $116 per beneficiary each year, or about $118 million in 2012, its first year of operations.

“Contributing to these estimated savings were reductions in spending on acute and post-acute care as well as an apparent substitution of care in lower-priced office settings for care in higher-priced hospital outpatient departments,” the study found.