For the Twelfth Consecutive Year, NYC Health + Hospitals’ Accountable Care Organization Earns Significant Medicare Shared Savings

For the Twelfth Consecutive Year, NYC Health + Hospitals' Accountable Care Organization Earns Significant Medicare Shared Savings

Sep 08, 2025

NYC Health + Hospitals today announced that its Medicare Shared Savings Program Accountable Care Organization (ACO) will earn $7.2 million from the federal government for reducing avoidable costs and meeting high standards of quality care for patients. NYC Health + Hospitals is the only health system in New York State to achieve savings for twelve years in a row. The ACO saved Medicare $9.8 million for 2024, all while achieving impressive scores across a number of quality-of-care measures. The program achieves savings by supporting primary care providers and care coordination, which prevents unnecessary emergency department visits, avoidable hospitalizations, and other high-cost care for the more than 5,000 Medicare fee-for-service patients who are served through the program.

"NYC Health + Hospitals has one of the only ACOs in the nation with a record of consistent success," said Matthew Siegler, CEO of the ACO and NYC Health + Hospitals Senior Vice President of Managed Care and Patient Growth. "We've been successful because patients know they can get compassionate, high quality care from our system, and they keep coming back. This achievement really speaks to the level of service our care team provides every day."

"Another year of shared savings is not just a financial milestone, it's a testament to the power of collaboration, efficiency, and a patient-centered approach. This achievement underscores our commitment to delivering high-quality care while reducing costs, proving that when we work together, everyone benefits," said Dr. Anthony Okolo, Medical Director of the ACO and Attending Physician at NYC Health + Hospitals/Kings County. "We celebrate alongside our providers and administrative leads across NYC Health + Hospitals and are excited to continue our journey toward a healthier, more sustainable healthcare system."

Since the ACO's inception in 2013, it has saved Medicare over $101 million, resulting in earned shared savings and subsequent investment of approximately $60.4 million for NYC Health + Hospitals and its community partners.

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About NYC Health + HospitalsNYC Health + Hospitals is the largest municipal health care system in the nation serving more than a million New Yorkers annually in more than 70 patient care locations across the city's five boroughs. A robust network of outpatient, neighborhood-based primary and specialty care centers anchors care coordination with the system's trauma centers, nursing homes, post-acute care centers, home care agency, and MetroPlus health plan-all supported by 11 essential hospitals. Its diverse workforce of more than 43,000 employees is uniquely focused on empowering New Yorkers, without exception, to live the healthiest life possible. For more information, visit https://www.nychealthandhospitals.org and stay connected on Facebook, Twitter, Instagram and LinkedIn.