Accountable Care
Memorial Hermann ACO, Palm Beach Accountable Care and PMO lead pack in generating millions in savings, though the bulk of organizations in the program failed to generate enough savings. See the full performance data in the table below.
While many accountable care organizations in Medicare's Shared Savings Program generated enough savings in 2014 to merit financial incentives, more than two-thirds fell below the payment threshold, the Centers for Medicare and Medicaid Services said on Tuesday.
A new report published in the American Journal of Managed Care found that just over half of MSSP ACOs shared plans on how they'll allocate savings.
Blue Cross and Blue Shield of Illinois has developed accountable care organizations with three more provider-partners, bringing the total number of ACOs under the insurer to five, the insurer announced this month.
CMS on Thursday said 360 organizations have directly entered into bundled payment agreements with the agency, and an additional 1,755 providers have partnered with those organizations as of July. But CMS acting administrator Andy Slavitt in June said there were more than 7,000 providers in the "at-risk" stage of the BPCI model.
Less than two months after raising $30 million in Series B funding, Aledade, the physician-focused company launched by former National Coordinator Farzad Mostashari, is growing.
Aviation giant Boeing has added Roper St. Francis Health Alliance in Charleston, South Carolina and Mercy in St. Louis to its health plan, according to a Boeing spokesman, as the company continues to grow its in-house benefits network.
According to the company, the analytics service will be especially helpful as the ACO prepares to expand its value-based care model to other insurers and suppliers.
Over 140 Medicare-certified hospices have been invited to participate in a new five-year model of care that will allow for dual coverage of hospice and curative care.
While a proposed final rule for accountable care organizations taking part in the Medicare Shared Savings Program showed officials may be listening to concerns, many participating healthcare providers many participating providers say it doesn't go far enough.