Healthcare Insights
Top 10 ACOs in Florida by gross savings
Accountable care organizations (ACOs) are groups of physicians, hospitals, and other healthcare providers who voluntarily come together to deliver coordinated care to specific patient populations. These networks offer high-quality care to Medicare-eligible patients, with a particular focus on older adults and people living with disabilities or chronic conditions.
According to ConnectedCareView, there are about 120 active ACOs operating in Florida as of 2024. We used this product to track which ACOs in the state generated the most in gross Medicare savings. This metric is determined by calculating an ACO’s total expenditures minus its total beneficiary expenditures. The value represents the total savings (or losses in some cases) to be split between the ACO and the Centers for Medicare and Medicaid (CMS).
| Rank | ACO name | City | ACO start date | Patient population | (Gross) generated savings/losses | Explore dataset |
|---|---|---|---|---|---|---|
| 1 | Palm Beach Accountable Care Organization | Palm Springs | 2012 Q3 | 78,364 | $99,899,684 | Explore |
| 2 | California Clinical Partners ACO LLC | West Palm Beach | 2019 Q3 | 25,241 | $42,391,055 | Explore |
| 3 | Bluestone ACO | Jacksonville | 2020 Q1 | 5,814 | $33,935,219 | Explore |
| 4 | Baptist Physician Partners ACO LLC | Jacksonville | 2018 Q1 | 40,406 | $30,914,119 | Explore |
| 5 | BayCare Physician Partners ACO | Clearwater | 2015 Q1 | 37,714 | $27,049,672 | Explore |
| 6 | Cleveland Clinic Florida Integrated Health | Stuart | 2018 Q1 | 36,497 | $16,852,519 | Explore |
| 7 | NJPACO R LLC | West Palm Beach | 2020 Q1 | 12,979 | $16,632,808 | Explore |
| 8 | Citrus ACO (AKA Citrus County ACO) | Lecanto | 2016 Q1 | 6,894 | $13,727,202 | Explore |
| 9 | Physicians ACO (PACO) | Ocala | 2015 Q1 | 5,990 | $13,073,777 | Explore |
| 10 | Select Physicians Associates LLC | Tampa | 2018 Q1 | 15,819 | $12,866,590 | Explore |
Fig 1. Data is from the Definitive Healthcare ConnectedCareView product. Data is sourced from Definitive Healthcare’s proprietary research and CMS Physicians Compare. Data accurate as of December 2024.
Which ACOs in Florida generated the greatest savings in 2021?
The top three Medicare Shared Savings ACOs in Florida have generated significant savings, highlighting their success in managing patient care efficiently. Leading the list is the Palm Beach Accountable Care Organization in Palm Springs, which generated shared savings of $99,899,684 while serving 78,364 patients. In second place is California Clinical Partners ACO LLC based in West Palm Beach, which generated $42,391,055 in savings across a patient population of 25,241. The third-ranked ACO, Bluestone ACO in Jacksonville, saved $33,935,219 while caring for 5,814 patients. These top-performing ACOs demonstrate how organizations can drive meaningful healthcare savings while enhancing patient care.
What are the benefits of an ACO?
An ACO connects the different component parts of patient care--ranging from primary care physicians and specialists to hospitals and home health care—into one coordinated and holistic team. ACOs provide many benefits to patients, such as:
- Accessibility: Healthcare providers who belong to an ACO follow a model of care that emphasizes access to care. These providers typically offer extended hours and may work during the evenings or weekends.
- Communication: Patients are heavily involved in the discussions and decisions surrounding their care, so that they can work with their providers to receive the right treatment for them. Clear, open communication channels also improve patient satisfaction and retention.
- Better quality care: Because ACOs are so patient-centric, providers only perform the tests and examinations that are necessary. And with a coordinated care team and EHRs, providers can determine which services have already been given, simultaneously reducing unnecessary duplication and reducing costs.
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