A recent study reported that the US government saved millions through the Medicare Pioneer Accountable Care Organizations (ACOs) — $212 million in year one and $105 million in the second year. Physicians who participate in these ACOs follow quality standards and in return share in a portion of the cost savings. Employers have also been successfully testing ACOs and other value-based care models. If structured and deployed appropriately, we believe value-based care has the ability to improve quality, reduce costs, and enhance the patient experience.
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