(Bloomberg) — Nine of 32 hospitals and health systems dropped out of a U.S. pilot program created through the Affordable Care Act to reduce medical costs by moving away from a traditional fee-for-services model, the government says.
The costs of caring for those enrolled in the “Pioneer” program increased 0.3% in 2012, less than half the rate of other beneficiaries in Medicare, according to the Centers for Medicare and Medicaid Services yesterday. Medicare, the U.S. health plan for the elderly and disabled, saved $33 million for the 669,000 beneficiaries in the pilot group, the agency says.
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