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Piggy banks with calculator and stethoscope Researchers say, “it is time to draw the ACO experiment to a close.” (Photo: Shutterstock)

A new review of financial performance data for all four accountable care organizations (ACO) overseen by the Centers for Medicare and Medicaid Services (CMS) suggests that ACOs don’t achieve what they were created to do: lower health care costs.

James Kahn of the Philip R. Lee Institute for Health Policy Studies at the University of California San Francisco, and Kip Sullivan, a member of the advisory board for Health Care for All Minnesota in Minneapolis, evaluated the net CMS cost in each ACO program from 2005 to 2018.

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