Accountable Care Coalition of Maryland, LLC. was
started in July 2012.
In its first year, this organization spent
total on its 13,564
individual beneficiaries (including beneficiaries only in the ACO for a partial year).
By comparison, in its benchmark year, it spent $174,497,714 per beneficiary, a difference of -$1,612,695. The ACO successfully reported, but failed to earn its participants any savings.
This is a Track 1 Shared Savings ACO which means it has accepted
only upside with no downside risk in exchange for a smaller maximum shared savings rate.
If the ACO spends less than 2.79%
per-beneficiary compared to the benchmark years, the participants will
be paid 50% of the savings.
ACOs can request early payments to help finance the startup costs of the ACO. This ACO did not accept any advanced payments.
The 13,564 individual
beneficiaries spent a total 12,016
person-years in the ACO. Partial years are frequently due to things such as new medicare
members entering the ACO and death.