The Medicare Global and Professional Direct Contracting model saved the program more than $300 million in net savings in 2022, according to CMS data published Oct. 24.
The Medicare Global and Professional Direct Contracting model transitioned to ACO REACH at the beginning of 2023.
The model had 99 accountable care organizations participate in 2022, with an average per-beneficiary per-month saving rate of $41.26. Overall net savings to the Medicare program increased $70.4 million from 2021, to $371.5 million.
Participating ACOs notched high quality scores, with an average rating of 99.4%. Just 11 participants had overall quality ratings lower than 100%.
The Medicare Global and Professional Direct Contracting model was a value-based model designed to reward better patient outcomes and higher-quality care. ACO REACH, its successor, has an increased emphasis on health equity outcomes.
See the ACOs that recorded the highest savings in 2022 here.