KENNETT SQUARE, PA — LTC ACO has completed the full distribution of shared savings payments to its participating providers for the 2024 performance year under the Medicare Shared Savings Program (MSSP), marking another year of strong financial and operational performance.
The organization, one of the nation’s leading Accountable Care Organizations serving long-term care residents, reported total savings of more than $66.2 million and earned performance payments of $48.7 million from the Centers for Medicare and Medicaid Services (CMS). The results place LTC ACO among the top performers in per-beneficiary savings nationally.
“Our ability to promptly distribute payments to our participating providers after receiving settlement funds from CMS demonstrates both our financial strength and the stability of our operations,” said Al Shaine, president of LTC ACO. “Despite the recent restructuring of our parent organization, LTC ACO continues to perform, grow, and pay our participants on time. Our providers remain at the center of everything we do.”
Now in its 11th consecutive year in the MSSP, LTC ACO continues to build on a model centered on accountability, transparency, and partnership. More than 20 new practice groups have joined its provider network for performance year 2026, reflecting growing trust in its value-based care approach.
“The strength of our model is built on accountability, transparency, and partnership,” Shaine added. “We remain committed to delivering meaningful results, lowering costs, improving quality, and providing dependable support for our providers.”
LTC ACO’s consistent results demonstrate its leadership in aligning financial performance with clinical outcomes — an approach that continues to advance care quality and cost efficiency for patients in long-term care settings.
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