Accountable care organization

Privia Health to Partner with OhioHealth Health System

Retrieved on: 
Wednesday, September 7, 2022
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ARLINGTON, Va., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Privia Health (Nasdaq: PRVA)and OhioHealth, a nationally recognized not-for-profit health system, today announced a non-binding memorandum of understanding to form a strategic partnership and launch a medical group for independent providers throughout the state of Ohio.

Key Points: 
  • ARLINGTON, Va., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Privia Health (Nasdaq: PRVA)and OhioHealth, a nationally recognized not-for-profit health system, today announced a non-binding memorandum of understanding to form a strategic partnership and launch a medical group for independent providers throughout the state of Ohio.
  • Privia Health and OhioHealth are expected to provide a new alternative for Ohio physicians and provider groups that choose to remain independent and care for patients across all payment models as they move into value-based care arrangements.
  • Based in Columbus, Ohio, OhioHealth is a nationally recognized, not-for-profit, charitable, healthcare outreach of the United Methodist Church.
  • Privia Health is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings.

Real Time Medical Systems and Lightbeam Health Solutions Partner to Improve Care Transitions and Value-based Care Outcomes

Retrieved on: 
Tuesday, September 6, 2022
Managed Care, Networks, Professional Services, Data Management, Medical Devices, Technology, Infectious Diseases, Hospitals, Data Analytics, Clinical Trials, Nursing, Health, National Association, Partnership, VP, Acos, KLAS, Documentation, VBC, EHR, DC, Real, LinkedIn, Health information management, Infection, Goal, HITRUST, Real-time, Conference, Population, Twitter, Business, Industry, Light, Patient, Accountable care organization, Medicine, Risk management, Pharmaceutical industry, Light beam

The goal of Lightbeams integrated approach is to promote the healthy, long-term outcomes for at-risk populations, and we are happy to have Real Time on board.

Key Points: 
  • The goal of Lightbeams integrated approach is to promote the healthy, long-term outcomes for at-risk populations, and we are happy to have Real Time on board.
  • Combining Real Times live post-acute data transparency with Lightbeams proven population health management platform, healthcare providers will be able to find efficiencies, improve health outcomes, and generate revenue.
  • Real Time Medical Systems is the industry leading, KLAS Rated, and HITRUST Certified Interventional Analytics solution that turns post-acute EHR data into actionable insights.
  • Lightbeam facilitates population health management for ACOs, payers, provider groups, health systems, and other healthcare organizations aspiring to provide superior care at a lower cost.

 MSSP ACOs on the Innovaccer Health Cloud Outperform Peers in PY 2021

Retrieved on: 
Tuesday, September 6, 2022
Software, Managed Care, General Health, Health, Data Management, Hospitals, Health Technology, Technology, Cloud, Accountable care organization, Health equity, CEO, Acos, Cropping system, KLAS, Black Book, Solution, MSSP, CMS, ACO, Population Health Management, Multimedia, Conference, Medicare, Population, REACH, Growth, Health, Health insurance

View the full release here: https://www.businesswire.com/news/home/20220906005860/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220906005860/en/
    For PY 2021, Innovaccers customers generated $242 million in MSSP shared savings across 23 ACOs serving 748,767 lives.
  • Moreover, Innovaccers MSSP ACO customers generated 12.19% greater shared savings growth than non-Innovaccer customers, were awarded 8.97% more of generated shared savings, and scored 4% higher quality scores than MSSP ACOs who are not leveraging the population health management power of the Innovaccer Health Cloud .
  • Since Innovaccer entered the market in 2016, MSSP ACOs on the Innovaccer Health Cloud have generated more than $544 million in total savings.
  • MSSP ACOs using the Innovaccer Health Cloud to manage their population health and value-based care strategies outperformed on quality, expenditure, benchmark, and shared savings/loss measures for the 2021 PY.

CVS Health to Acquire Signify Health

Retrieved on: 
Monday, September 5, 2022
CVS Health, Fried, Frank, Harris, Shriver & Jacobson, Pharmacist, Conditional sentence, CEO, Technology, Acos, NYSE, Solution, Heart, Board, Collection, Deutsche Bank, Physician, Investor relations, Intelligence, New Mountain Capital, Goal, Caravan, NEW, Accountable care organization, Ropes & Gray, BofA Securities, Medicare, Social media, McDermott Will & Emery, Nursing, Private equity, Population health, Director, Dechert, EPS, Growth, Acquisition, Practitioner, Patient, Hospital, Medicine, Management, Health, DALLAS

WOONSOCKET, R.I., DALLAS and NEW YORK, Sept. 5, 2022 /PRNewswire/ -- CVS Health® (NYSE: CVS) and Signify Health (NYSE: SGFY) ("Signify") have entered into a definitive agreement under which CVS Health will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion.

Key Points: 
  • WOONSOCKET, R.I., DALLAS and NEW YORK, Sept. 5, 2022 /PRNewswire/ -- CVS Health(NYSE: CVS) and Signify Health (NYSE: SGFY) ("Signify") have entered into a definitive agreement under which CVS Health will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion.
  • "Signify Health will play a critical role in advancing our health care services strategyand gives us a platform to accelerate our growth in value-based care," said CVS Health President and CEO, Karen S. Lynch.
  • Notably, since acquiring Caravan Health in March 2022, Signify Health has further expanded its focus on value-based care and population health.
  • Following the close of the transaction, Kyle Armbresterwill continue to lead Signify Health as part of CVS Health.

Privia Health Reports Results in CMS’ Medicare Shared Savings Program

Retrieved on: 
Tuesday, August 30, 2022
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ARLINGTON, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that its Accountable Care Organizations (“ACOs”) delivered quality care and improved patient outcomes, and achieved shared savings of $99.9 million through the Medicare Shared Savings Program (“MSSP”).

Key Points: 
  • $99.9 Million in Shared Savings Delivered across Georgia, Maryland, Texas, Virginia and Washington, DC
    ARLINGTON, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that its Accountable Care Organizations (ACOs) delivered quality care and improved patient outcomes, and achieved shared savings of $99.9 million through the Medicare Shared Savings Program (MSSP).
  • Privias ACOs (collectively Privia Quality Network) provided high-value, cost-efficient care to more than 112,000 Medicare beneficiaries in 2021.
  • Privia providers stood out by continuing to provide tremendous care for their patients, focused on improving quality while decreasing costs, said Privia Health CEO Shawn Morris.
  • We are thrilled with the performance of the Privia ACOs in the Medicare Shared Savings Program in 2021, and are extremely proud of our physician and provider partners, as well as their extended care teams who continue to put patients first regardless of the situation.

All Signify Health Collaborative ACOs Earn Shared Savings for 2021 Performance

Retrieved on: 
Tuesday, August 30, 2022
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As a result of their strong performance in the Medicare Shared Savings Program, community hospitals and their affiliated physicians earned more than $59 million in shared savings payments.

Key Points: 
  • As a result of their strong performance in the Medicare Shared Savings Program, community hospitals and their affiliated physicians earned more than $59 million in shared savings payments.
  • The Company also announced that it has surpassed its target for new ACO bookings in 2023 due to the strong performance and the combined capabilities of Signify Health and Caravan Health.
  • Provider organizations participating in Signifys Collaborative ACOs include health systems, integrated delivery networks, rural and community hospitals, and independent practices.
  • In March 2022, Signify Health acquired Caravan Health , a leader in guiding ACOs to success with client results that have historically led the nation in earned shared savings and MIPS scores.

Columbia Pacific Capital Partners (CPCP) Announces its Partnership with Panacea Healthcare Solutions, a Leading Healthcare Mid-Revenue Cycle Technology and Services Company in its Next Stage of Growth

Retrieved on: 
Friday, August 26, 2022
Technology, Finance, Consulting, Banking, Health Technology, Professional Services, Software, Small Business, Other Health, Health, Software, Partnership, CEO, Associate, LLP, Board, Hospital, Compliance, Accountable care organization, CPCP, Acquisition, Growth, Health insurance, Management, Panacea

Columbia Pacific Capital Partners (CPCP) is pleased to announce its recent partnership with Panacea Healthcare Solutions (Panacea) to support its continued growth and future successes.

Key Points: 
  • Columbia Pacific Capital Partners (CPCP) is pleased to announce its recent partnership with Panacea Healthcare Solutions (Panacea) to support its continued growth and future successes.
  • With this investment, Panacea also acquired Holliday & Associates and First Healthcare Compliance to fuel innovation and expand its current product suite.
  • The combined company will be a leading provider of healthcare revenue cycle and compliance software and services to 600+ hospitals, health systems, physician practices, and accountable care organizations across the United States.
  • CPCP focuses on lower and middle market software, tech-enabled businesses and business services in North America with attractive growth prospects.

Mercy Mourns Death of Iconic Health Care Leader

Retrieved on: 
Thursday, August 25, 2022
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ST. LOUIS, Aug. 25, 2022 /PRNewswire/ -- Sister Mary Roch Rocklage, a Sister of Mercy and an iconic health care leader, died Tuesday, Aug. 23, at 87, following a lengthy illness.

Key Points: 
  • ST. LOUIS, Aug. 25, 2022 /PRNewswire/ -- Sister Mary Roch Rocklage, a Sister of Mercy and an iconic health care leader, died Tuesday, Aug. 23, at 87, following a lengthy illness.
  • Sister Roch's dedication to health care began in 1954, when she studied nursing under the Sisters of Mercy at St. Xavier University in Chicago, taking her first vows as a Sister of Mercy in 1957.
  • She testified before Congress in 1990 on behalf of the Catholic Health Association in favor of a national health program and discussed health care with then-President George W. Bush in 2002.Her passion was health care access for all, no exceptions.
  • Mercy is a highly integrated, multi-state health care system includingmore than 40 acute care, managed and specialty (heart, children's, orthopedic and rehab) hospitals, convenient and urgent care locations, imaging centers and pharmacies.

Upward Health Awarded ACO REACH Model Contract by CMS

Retrieved on: 
Tuesday, August 23, 2022
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Upward Health announced today it secured a contract for the new Accountable Care Organization (ACO) model through The Center for Medicare and Medicaid Services (CMS).

Key Points: 
  • Upward Health announced today it secured a contract for the new Accountable Care Organization (ACO) model through The Center for Medicare and Medicaid Services (CMS).
  • The model, titled ACO REACH (Realizing Equity, Access, and Community Health), is the most recent innovation announced by CMS.
  • Upward Health previously served as a Preferred Provider in the CMS predecessor program to ACO REACH; it will be building on this experience to launch its own ACO in 2023.
  • In Massachusetts, ACO REACH will expand a multi-year partnership between Upward Health and the Seven Hills Foundation, a comprehensive health and human services network, and a Preferred Provider in Upward Healths ACO.

DR. SCOTT RIFKIN AND FRANCES RIFKIN PLEDGE $5.7 MILLION TO JOHNS HOPKINS UNIVERSITY AND JOHNS HOPKINS HEALTH SYSTEM

Retrieved on: 
Tuesday, August 23, 2022
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BALTIMORE, Aug. 23, 2022 /PRNewswire/ -- Founder of Real Time Medical Systems, Provider Partners Health Plans, Mid-Atlantic Healthcare, and long-time healthcare entrepreneur Dr. Scott Rifkin and his wife Frances Rifkin, R.N. today pledged $5.7 million to The Johns Hopkins University and The Johns Hopkins Health System to support research and treatment in the institution's Neurology Spine Oncology program. 

Key Points: 
  • today pledged $5.7 million to The Johns Hopkins University and The Johns Hopkins Health System to support research and treatment in the institution's Neurology Spine Oncology program.
  • The capital funding portion of this gift at $2.3 million is earmarked for equipment for Dr. Theodore's lab located at Johns Hopkins Bayview, a part of the Johns Hopkins Health System.
  • This equipment will be used in whole or in part for clinical patient care and/or research at the University.
  • "I am deeply appreciative for the generous gift provided by Dr. Scott Rifkin and Frances Rifkin to support our efforts at Johns Hopkins Neurosurgery in making significant advances in spinal oncology," said Dr. Theodore.