The CMS provided more details about which physician practice groups earned incentive payments in the final year of its Physician Group Practice Demonstration. The information followed the agency's announcement Monday that four groups shared savings in the Medicare pilot program and seven of the 10 groups hit the benchmarks on all 32 quality measures.
More info on doc incentive payments
Of the total $36.2 million of savings generated for the Medicare trust fund in year five of the program (which began April 1, 2005 and ended last year), four groups earned a total $29.4 million in incentive payments. According to CMS, Marshfield (Wis.) Clinic earned $15.8 million; Park Nicollet Health Services in St. Louis Park, Minn., earned about $5.7 million; St. John's Health System in Springfield, Mo., earned about $2.6 million; and the University of Michigan Faculty Group Practice in Ann Arbor earned about $5.3 million of the savings. Two of the groups—Marshfield Clinic and the University of Michigan—earned incentive payments in each year of the program.
Here's a look at the incentive payments for each year of the PGP demonstration (PDF).
You can follow Jessica Zigmond on Twitter @MHJzigmond.
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