Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Centene : U.S. Medical Management Accountable Care Partners (ACO) Improves Quality of Care and Generates Shared Savings through CMS Shared Savings Program in 2020

09/29/2021 | 07:01am EST

TROY, Mich., Sept. 29, 2021 /PRNewswire/ -- The Centers for Medicare & Medicaid Services (CMS) released the 2020 performance year results for the Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs). U.S. Medical Management (USMM) was a participating ACO, saving CMS $26.5 million in 2020, while achieving an overall quality score of 97.5 percent.

All contracted MSSP ACOs saved Medicare $4.1 billion in 2020 and nearly $2 billion after taking out shared savings. Of the 513 participating ACOs, 345 generated those savings.

This is USMM's sixth year in the program. USMM's MSSP ACO is dedicated exclusively to the home-limited population, and is comprised solely of providers from Visiting Physicians Association (VPA). 17,174 patients were attributed to the ACO population in 2020.

"We are very pleased with the 2020 USMM Accountable Care Partners results. These results reflect our 25+ year commitment to improve patient quality of life through home-based primary care services," noted Rajiv Patel, MD, CEO of USMM "2020 was an unprecedented year, given the COVID-19 pandemic. We are very proud to have continued to make a meaningful impact towards lowering costs, improving patient outcomes, and enhancing the patient experience during such a challenging time."

Medicare ACOs are groups of doctors, hospitals, and other health care providers, who come together voluntarily to provide coordinated high quality care to their Medicare patients. The goal of coordinated care is to ensure that patients, especially the chronically ill, get the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. 

Performance year and financial results are available here:

About USMM
U.S. Medical Management (USMM), along with its affiliated entities (Visiting Physicians Association, Pinnacle Senior Care, Grace/Comfort Hospice, The Home DME) is a leading management services organization and provider of home based primary care services for complex/fragile patients.  Based in Troy, Michigan, USMM operates Visiting Physician Association practices in 11 states, constituting a 200 + primary care provider group, providing continuity-based primary care under an integrated, physician-driven model which includes ancillary services such as home health, hospice, radiology, diagnostics, DME and laboratory. In 2014, the Centene Corporation (NYSE: CNC) acquired USMM, integrating USMM's care delivery model across its Medicaid and dual-eligible membership.  USMM also operates a multi-state Medicare Shared Savings Program ACO serving approximately 18,000 complex/fragile Medicare patients.


View original content:https://www.prnewswire.com/news-releases/us-medical-management-accountable-care-partners-aco-improves-quality-of-care-and-generates-shared-savings-through-cms-shared-savings-program-in-2020-301387478.html

SOURCE U.S. Medical Management (USMM)

ę PRNewswire 2021
11/16Centene Arizona Subsidiaries Awarded Contract Expansion to Continue Serving Arizonans w..
11/15CENTENE : 2021 Q3 Fact Sheet (PDF)
11/15Centurion Health Begins Correctional Health Contract for Missouri Department of Correct..
11/10Centene To Present At Wolfe Research Virtual Healthcare Conference
11/05ETF PREVIEW : ETFs, Futures Pointing Higher as Wall Street Looks Ahead to October Nonfarm ..
11/05Magellan Health Reports Lower Adjusted Q3 Profit while Revenue Rises
11/04Centene To Present At Credit Suisse 30th Annual Healthcare Conference
11/03Centene Corp Looks Forward to Ongoing Engagement with Politan Capital
11/03Health Care Up After CVS Earnings -- Health Care Roundup
11/03Centene Issues Comment with Regard to Politan
More news
Analyst Recommendations on CENTENE CORPORATION
More recommendations