Learn how these inducements can benefit your practice’s bottom line.
What is Shared Savings?
Shared savings is a form of financial incentive where providers can share savings, if the total cost of care they provided is lower than the targeted total cost of care.
Shared savings was included in the:
- CMS patient centered medical home initiative
- Medicare Acute Care Episode demonstration
- Physician Group Practice (PGP) demonstration
- Medicare Shared Savings Program