CT gets a Medicare Accountable Care Organization

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Today CMS announced 89 new approved Medicare shared savings Accountable Care Organization applicants, including MPS ACO Physicians in CT. Prior to today, CT had no approved Medicare ACOs. Other CT organizations have reportedly recently submitted ACO applications. The Medicare ACO program, created in the Affordable Care Act, is designed to improve access and coordination of care for Medicare fee-for-service members while reducing fragmentation and controlling costs. MPS will share with CMS in any savings earned by coordinating care. To share in savings, ACOs must reach quality benchmarks including patient experience of care standards.