HealthLeaders: UHS: ACOs Saved Medicare $90M in 2019
December 2020 — Universal Health Services (UHS) announced Wednesday that its seven accountable care organizations (ACO) saved Medicare $90 million in 2019. The savings increased by almost 40% year-over-year, according to the company, due to expansion into new markets and "continued improvement in value-based care delivery by participating ACO providers."
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Nevada Business: Nevada’s Silver State ACO Saved Medicare $48 million in 2019
December 10, 2020 — Nevada’s Silver State Accountable Care Organization ranked first in the state for total Medicare savings at $48 million and 5th in the nation for generating a savings of 10.26% below benchmark in 2019. This group of physicians, who agree to reduce costs and increase quality through the Medicare’s Shared Savings Program (MSSP), also ranked in the top 1% nationally for total Medicare savings generated.
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Las Vegas Heals: The Medicare Shared Savings Program Delivered High-Quality Care and Cost Savings
December 2020 — “The Silver State ACO makes a direct impact on the health of our community,” said Karla Perez, Regional Vice President of Universal Health Services. “This program encourages providers to spend extra time with patients ensuring that their needs are being met, which gives a much needed personal touch to healthcare. It’s about building relationships with our patients and all the providers along the continuum of care to ensure every patient receives the right care at the right time in the right setting.”
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Antelope Valley Today: UHS ACOs Saved Medicare $90 million in 2019
December 2020 (Palmdale, CA) — Prominence Health Plan, a subsidiary of Universal Health Services (UHS), announced the 2019 results of its seven UHS Accountable Care Organizations (ACOs) showing a continued trend of increased cost savings and improved quality. In 2019, the ACOs saved Medicare $90 million, earning $40 million for its 3,000 participating physicians. The savings increased by nearly 40% compared to 2018 due to continued improvement in value-based care delivery by participating ACO providers, as well as through expansion of the ACO programs to new markets. Since the establishment of the first UHS ACO in 2014, the entities have saved more than $207M and averaged a 97% quality score.
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