Healthcare Insights
Top ACOs in New York by gross savings
Accountable care organizations (ACOs) are collaborative networks of physicians, hospitals, and healthcare providers who work together voluntarily to deliver coordinated care to specific patient populations. These New York ACOs focus on improving healthcare outcomes for Medicare-eligible patients, with a special emphasis on older adults and those living with chronic conditions or disabilities. By working together, New York accountable care organizations aim to improve the quality of care while reducing overall healthcare costs.
At Definitive Healthcare, we use ConnectedCareView to track which New York accountable care organizations generated the most Medicare savings in 2024. This commercial intelligence tool calculates gross savings by comparing the ACO’s total expenditures with its total beneficiary expenditures. The resulting figure represents either savings or losses, which are then shared between the ACO and the Centers for Medicare and Medicaid Services (CMS). By providing this information, ConnectedCareView enables us to create a comprehensive list of ACOs by state, including a detailed list of ACOs in New York.
Rank | Definitive ID | NY ACO name | City | ACO start date | (Gross) Generated savings/losses | Patient population | Explore dataset |
---|---|---|---|---|---|---|---|
1 | 800766 | NewYork Quality Care | New York | 2015 Q1 | $26,335,014 | 35,786 | Explore |
2 | 1002291 | Somos ACO | New York | 2019 Q3 | $20,508,214 | 15,103 | Explore |
3 | 552196 | Asian American Accountable Care Organization | New York | 2012 Q3 | $15,187,068 | 7,792 | Explore |
4 | 583228 | Primary PartnerCare ACO Independent Practice Association (FKA Primary PartnerCare Associates IPA) | Great Neck | 2014 Q1 | $13,288,730 | 7,711 | Explore |
5 | 1002220 | Community Care of Brooklyn IPA Inc | Brooklyn | 2019 Q3 | $11,499,388 | 9,846 | Explore |
Which ACOs in New York generated the greatest savings?
According to data from Definitive Healthcare, New York Quality Care tops the list of ACOs in New York by gross savings in 2024, generating over $26 million in savings. This organization, based in New York City, serves a patient population of more than 35,000, reflecting its significant influence within the state. Its substantial Medicare savings demonstrate its effective coordination of healthcare services and commitment to reducing costs.
In second place is Somos ACO, which also operates out of New York City and generated over $20 million in gross savings. Serving more than 15,000 patients, Somos ACO focuses on delivering accessible and integrated care to underserved communities.
Third on the list is Asian American Accountable Care Organization, which saved over $15 million in 2024. Although it serves a relatively smaller patient population of about 7,800, its success in delivering efficient, coordinated care highlights the importance of patient-centric care models in New York accountable care organizations.
The top 10 ACOs in New York on this list had an average gross savings of about $11.5 million in 2024. These ACOs serve an average patient population of approximately 13,021 individuals, resulting in an average savings of about $883 per patient.
What are the benefits of an ACO?
An ACO offers numerous benefits to both healthcare providers and patients by fostering collaboration among different components of the healthcare system. By ensuring that all parties involved in patient care—whether primary care physicians, specialists, or hospitals—work together, ACOs improve care quality while reducing unnecessary costs. Here are three key benefits:
- Improved care coordination: New York ACOs connect different healthcare providers into one unified team. This minimizes gaps in patient care, reduces duplicate tests, and ensures that treatments are timely and necessary, resulting in more efficient use of healthcare resources.
- Patient-centered care: ACOs emphasize patient involvement in their care plans, enabling patients to work closely with their healthcare providers. This allows patients to make informed decisions, leading to higher satisfaction and better overall health outcomes.
- Cost savings: By focusing on preventative care and reducing unnecessary procedures, ACOs help control healthcare costs. This benefits both providers and patients, as it ensures that resources are used effectively, lowering overall expenditures and improving patient access to high-quality care.
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