The Comprehensive Primary Care (CPC) model generated $57.7 million in gross savings during its second performance year, including Part A and Part B expenditures, the Centers for Medicare and Medicaid Services (CMS) announced last week.
The agency said those savings were “essentially equivalent” to the $58 million that participating practices received in care management fees. Four of the seven regions participating in the program realized net savings (i.e., after taking into account the care management fees) and will share in those savings.
The savings generated in those four regions covered the net losses of the other three regions. More than half of the 481 practices participating in CPC will receive a share of over $13 million in earned shared savings.
In addition, 95 percent of the participating practices met quality of care requirements, with “lower than expected” hospital admission and readmission rates, and 97 percent successfully reported nine electronic Clinical Quality Measures (eCQMs); 2015 was the first year CMS included eCQM performance when calculating shared savings for CPC.
CMS noted that gross savings for the 2015 performance year were nearly double those in the first performance year, when only one region was eligible to receive shared savings.