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This Small, Wonky Obamacare Program Saved $384 Million Over 2 Years
VoxLink to more items from this source
May 5, 2015

"Medicare's independent actuary has certified that an Obamacare program has saved money -- $384 million over the past two years, to be exact. And the Obama administration is now eying how to make this program bigger -- and, ideally, generate even more savings.... The big question, however, is whether America's health-care system is ready. We don't know if the savings reflect the fact Obamacare has found a better way to deliver medicine -- or if they show us that a handful of go-getter, entrepreneurial hospitals were able to innovate in ways other systems can't replicate.... The Pioneer Accountable Care Organization, or Pioneer ACO, rewards hospitals that deliver high-quality care at lower-than-expected costs -- and punishes high spenders."

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