Accountable Care
The number of accountable care organizations in the United States is steadily increasing, with over 32 million people now receiving their care through an ACO.
The request extends the Hart-Scott-Rodino waiting period for the acquisition, but CVS Health continues to expect the deal will be completed in the second half of 2018, according to an SEC filing.
Text mining technology will help the accountable care organization close identifying at-risk patients to close gaps in care, said its chief medical officer.
ATM's interoperable functionality has been a benchmark for EHRs and now, they're making progress toward a similar interoperability says Cedars-Sinai chief clinical transformation officer Scott Weingarten.
Health systems are using NLP tools to maximize the performance of existing risk arrangements and expand participation in value-based care programs.
The ACOs will add 1.5 million Medicare patients, bringing the total to 10.5 million.
Top earner Palm Beach Accountable Care Organization saved Medicare $62 million, earning $30 million for the ACO.
This is despite seven NextGen ACOs having lost money, and three had dropped out in 2016 due to financial targets they said were set too high to earn savings.
Payment adjustments are expected to range from 0.4 to 2.6 percent of providers' Part B expenditures, report says.
Study suggests that while ACOs are willing to accept increased financial risk, they are still learning how to manage populations.