DALLAS, Texas – Baylor Scott & White Quality Alliance has proven once again that it is a forward-thinking, national role model for delivering value-based care. Data (released August 24, 2023) shows the Quality Alliance (QA) saved CMS $83.6 million through the Medicare Shared Savings Program (MSSP) in 2022. As a result, the QA is expected to receive $61.4 million in shared savings which it will reinvest in initiatives that benefit Medicare members in the communities it serves.
"Our MSSP results underscore our commitment to delivering high-quality, cost-effective care," said Jenny Reed, Baylor Scott & White Health's senior vice president of value-based care. "The Quality Alliance continuously pursues innovative ways to manage care and evolve along with our patients as well as the changing Medicare landscape."
According to a CMS press release, "As of January 2023, Shared Savings Program ACOs include over 573,000 participating clinicians who provide care to almost 11 million people with Medicare. Based on the program's success and opportunities to continually improve value for people with Medicare and the healthcare system, CMS has set a goal that 100% of people with Traditional Medicare will be part of an accountable care relationship by 2030."
Nearly 500 ACOs participated in MSSP in 2022. The Quality Alliance ranks first in the nation for earned savings and is one of the country's top performers for the fifth year in a row. MSSP providers who excelled in quality measures may also receive shared savings.
"Our clinicians' dedication helped the QA achieve year-over-year improvement in every quality score measured by CMS," said Dr. Robert Waterhouse, chief medical officer, Baylor Scott & White Quality Alliance. "Our teams are focused on sustainably improving outcomes through proactive and preventive care."
About Baylor Scott & White Health
As the largest not-for-profit health system in the state of Texas, Baylor Scott & White promotes the health and well-being of every individual, family and community it serves. It is committed to making quality care more accessible, convenient and affordable through its integrated delivery network, which includes the Baylor Scott & White Health Plan, Baylor Scott & White Research Institute, the Baylor Scott & White Quality Alliance and its leading digital health platform – MyBSWHealth. Through 51 hospitals and more than 1,200 access points, including flagship academic medical centers in Dallas, Fort Worth and Temple, the system offers the full continuum of care, from primary to award-winning specialty care. Founded as a Christian ministry of healing more than a century ago, Baylor Scott & White today serves more than three million Texans. For more information, visit BSWHealth.com.
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