NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Spending Reductions in the Medicare Shared Savings Program: Selection or Savings?

J. Michael McWilliams, Laura A. Hatfield, Bruce E. Landon, Michael E. Chernew

NBER Working Paper No. 26403
Issued in October 2019

---- Acknowledgments ----

From the Department of Health Care Policy, Harvard Medical School (JMM, MEC, BEL, LAH, PH); Division of General Internal Medicine and Primary Care, Department of Medicine, Brigham and Women’s Hospital and Harvard Medical School (JMM); and Division of General Internal Medicine and Primary Care, Department of Medicine, Beth Israel Deaconess Medical Center (BEL), all in Boston, MA. Supported by grants from the National Institute on Aging of the National Institutes of Health (P01AG032952) and Arnold Ventures. The content is solely the responsibility of the authors and does not necessarily represent the official views of the National Institutes of Health or Arnold Ventures. The authors thank Pasha Hamed, MA for statistical programming support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for J. Michael McWilliams ----

Dr. McWilliams reports serving as a consultant to Abt Associates, Inc. for an evaluation of the ACO Investment Model.

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