Sample Deliverable · Settlement Brief

Anonymized ACO

MSSP Settlement Analysis · PY2024 · 8,133 attributed lives · Performance year 3 of current agreement
A representative single-ACO settlement brief, built entirely from public CMS data. This is a real ACO, anonymized, shown to illustrate the analysis a full engagement delivers.

Modeled final settlement reconciles to the actual CMS settlement within 0.5%.

$1.7M
Final settlement
$4.3M
Gross savings · 4.1% rate
$1.5M
Recoverable settlement · coding headroom, no util change
Yes
Cleared MSR

Summary

Anonymized ACO cleared its minimum savings rate in PY2024 and captured $1,699,913 in shared savings, on gross savings of $4,336,512 at a 4.1% savings rate.

The AGND segment is the primary savings driver, contributing $3,398,274 of gross savings across 7,518 lives. Segment economics are modeled separately and the minimum savings rate is applied once at the contract level, consistent with how CMS actually settles.

Beyond what was captured, an estimated $1,548,511 in additional settlement is recoverable by bringing HCC documentation up to each segment's remaining risk-adjustment headroom, before reaching the positive adjustment cap, with no change to utilization or clinical operations. The largest single opportunity is the AGND segment, with 5.2% of headroom remaining across 7,518 lives.

On the utilization side, spending sits above the median peer cohort in Outpatient, 29.8% above peer, which is where a cost lever would return the most before touching any category already at or below peer. Bringing Outpatient to the peer median would remove roughly $9.7M in spend.

Segment breakdown

SegmentLivesBenchmark PMPMAdjusted PMPMSavings %Gross SavingsCoding Signal*RAF Headroom
ESRD36$7,299$5,89119.3%$608,0380.92616.1%
AGDU196$1,945$1,9032.1%$97,1770.95615.3%
AGND7,518$1,031$9933.7%$3,398,2740.9545.2%
DIS383$1,000$9524.8%$219,5811.0057.2%

*Coding intensity signal and median peer cohort are derived constructions built by VBC Contract Performance Intelligence. They are not CMS-published fields. A signal below 1.00 indicates HCC coding running under the segment demographic baseline.

Settlement scenarios

ScenarioSavings PMPMGross SavingsCleared MSRFinal Payoutvs. Baseline
Baseline$44.43$4,336,512Yes$1,699,913
Utilization$144.36$14,089,281Yes$5,522,998+$3,823,085
RAF$73.40$7,163,546Yes$2,808,110+$1,108,197
Max RAF$84.91$8,286,794Yes$3,248,423+$1,548,511

Risk adjustment is the highest-return lever that requires no clinical or operational change, at approximately $11,082 of settlement per 1% of RAF movement, within the remaining 5.6% weighted headroom. The utilization scenario returns more in absolute dollars but requires reducing Outpatient spend to the peer median. Scenarios apply the 40% sharing rate and the 2% sequestration reduction.

Utilization versus median peer cohort

CategoryThis ACO PMPMMedian Peer PMPMDifference vs Peer
Inpatient (IP)$286.30$289.50-1.1%
Skilled Nursing Facility (SNF)$52.65$57.42-9.1%
Outpatient (OP)$335.76$235.83+29.8%
Professional$277.80$360.25-29.7%
Hospice$20.68$20.75-0.3%
Home Health$25.67$41.00-59.7%
Durable Medical Equipment$29.02$33.08-14.0%
Ambulance$6.79$12.08-78.0%

Method and independence

This analysis is built entirely from CMS public use files. The settlement engine reproduces contract sequencing as CMS applies it: segment-level benchmark and risk adjustment, a single contract-level minimum savings rate gate, sharing rate, the positive risk-adjustment cap, and sequestration. Peer cohorts use the median rather than the mean. VBC Contract Performance Intelligence holds no financial relationship with any vendor, payer, or coding company. It is not a coding vendor and not a care-gap product. The figures here are independent estimates for the organization's own decision making.

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