Aco

Beaumont ACO Physician - Hospital partnership is one of the nation's top performing accountable care organizations for the seventh year in a row

Retrieved on: 
Tuesday, September 22, 2020
Healthcare in the United States, Health, Beaumont Health, Managed care, Aco, Health Economics, Accountable care organization, Health informatics, Healthcare reform in the United States, Pay for performance

"Strong partnerships between Beaumont Health and physicians has helped us transform health care by improving efficiency, reducing costs and improving care," Beaumont Health ACO Board Chairman Dr. Belal Abdallah said.

Key Points: 
  • "Strong partnerships between Beaumont Health and physicians has helped us transform health care by improving efficiency, reducing costs and improving care," Beaumont Health ACO Board Chairman Dr. Belal Abdallah said.
  • The Beaumont ACO is a physician and health system partnership with more than 1,900 physician members.
  • This partnership has allowed physicians and hospitals to share in cost savings resulting from their efforts to improve patient care and outcomes.
  • This is the seventh consecutive year the Beaumont ACO achieved significant cost savings, dating back to its origin as the Oakwood ACO.

Census Bureau to Resume 2020 Census Field Operations in Additional Locations

Retrieved on: 
Tuesday, June 9, 2020
Professional services, Other Professional Services, White House, Federal Government, State, Local, Public policy, Government, American Indian reservations, United States Census, Geography of Arizona, Regions of the United States, Federal Statistical System of the United States, United States Census Bureau, Navajo Nation, Window Rock, Arizona, Aco, Census

Today, the U.S. Census Bureau reissued its June 5 statement to include additional updates related to field operations for the week of June 8.

Key Points: 
  • Today, the U.S. Census Bureau reissued its June 5 statement to include additional updates related to field operations for the week of June 8.
  • The Census Bureau, in coordination with federal, state and local health officials, will begin a phased restart of some 2020 Census field operations in additional area census offices (ACOs) across the nation the week of June 8.
  • View the full release here: https://www.businesswire.com/news/home/20200609005715/en/
    Census Bureau officials coordinated closely with the Navajo Nation and determined that it is safe to resume operations in the Window Rock, Ariz., ACO on June 11.
  • Additional ACOs in the following states will begin a phased restart of operations:

HealthLynked Closes Acquisition of Cura Health Management, LLC and ACO Health Partners

Retrieved on: 
Wednesday, May 20, 2020
Finance, Managed care, Economy, Money, Accountable care organization, Healthcare reform in the United States, LinkedIn, Earnout, Medicare, Aco

The acquisition cost of $1.75 million is a combination of cash, HealthLynked common stock, and a four-year performance-based earnout.

Key Points: 
  • The acquisition cost of $1.75 million is a combination of cash, HealthLynked common stock, and a four-year performance-based earnout.
  • He continued, "We are very excited to bring the expertise of the Cura Teaminto the HealthLynked family.
  • For additional information about HealthLynked Corp. visit www.healthlynked.com and connect with HealthLynked on Twitter, Facebook, and LinkedIn.
  • ACO Health Partners is an Accountable Care Organization (ACO), based out of Jacksonville but with providers all over the country, participating in the Medicare Shared Savings Program.

IP Infusion announces new OcNOS Optical Transport solution for data center interconnect, long haul and service provider backhaul

Retrieved on: 
Tuesday, March 24, 2020
Software, Technology, Networks, Telecommunications, Telecommunications, Network architecture, Optical communications, Backhaul, Wireless networking, Aco, Optical networking, Ethernet

IP Infusion, a leading provider of intelligent network software for telecom and data communications services, today announced general availability of their new OcNOS Optical Transport solution will enable support for modular open packet transponder systems for data center interconnect, long haul and service provider backhaul use cases.

Key Points: 
  • IP Infusion, a leading provider of intelligent network software for telecom and data communications services, today announced general availability of their new OcNOS Optical Transport solution will enable support for modular open packet transponder systems for data center interconnect, long haul and service provider backhaul use cases.
  • The Cassini platform enables DMDM-based long haul transport and supports CFP2 ACO and DCO modules from different vendors which support L2/L3/Multicast features for metro, long haul and data center interconnect use cases.
  • We are glad to work with IP Infusion and the TIP community to build economical, disaggregated optical networking solutions.
  • IP Infusion enables disaggregated networking solutions for carriers, service providers and data center operators.

Pinnacle Healthcare Consulting Continues Expansion With Addition of Two Seasoned Executives

Retrieved on: 
Tuesday, February 18, 2020
Articles, Health, Healthcare reform in the United States, Federal assistance in the United States, Liberalism in the United States, Medicare, Presidency of Lyndon B. Johnson, Aco, Single-payer healthcare

CENTENNIAL, Colo., Feb. 18, 2020 /PRNewswire-PRWeb/ --Pinnacle Healthcare Consulting, a Denver-based national healthcare consulting firm, announced the addition of Kelly Conroy and Kevin Newingham as Directors.

Key Points: 
  • CENTENNIAL, Colo., Feb. 18, 2020 /PRNewswire-PRWeb/ --Pinnacle Healthcare Consulting, a Denver-based national healthcare consulting firm, announced the addition of Kelly Conroy and Kevin Newingham as Directors.
  • Pinnacle provides strategic planning, financial, operational and transactional services for hospitals, health systems, physician groups, law firms and other health organizations.
  • Kelly Conroy started the first Medicare ACO in the country, which delivered nearly $40M in savings in its first year.
  • "We are delighted to add these two talented healthcare executives to our leadership team," said Anthony Long, Partner.

Medicare ACOs in Premier Inc. Collaborative Outperform Peers in Shared Savings by 21 Percent

Retrieved on: 
Tuesday, February 18, 2020
Professional services, Health, Hospitals, Insurance, Practice Management, General Health, Health, Managed care, Articles, Healthcare reform in the United States, Accountable care organization, Health Economics, Medicare, Aco, Single-payer healthcare

Medicare Accountable Care Organizations (ACOs) participating in the Premier Inc. (NASDAQ: PINC) Population Health Management Collaborative (PHMC) have outperformed their peers by 21 percent in achieving shared savings since the start of the various Medicare ACO programs in 2012.

Key Points: 
  • Medicare Accountable Care Organizations (ACOs) participating in the Premier Inc. (NASDAQ: PINC) Population Health Management Collaborative (PHMC) have outperformed their peers by 21 percent in achieving shared savings since the start of the various Medicare ACO programs in 2012.
  • Premier PHMC Medicare ACOs, which total 7 percent of all Medicare ACO participants, have reduced spending by more than $665 million 13 percent of net Medicare ACO savings nationwide since 2012.
  • Moreover, when measured for performance, PHMC Medicare ACOs have consistently outperformed all other ACOs in quality since 2012.
  • PHMC Medicare ACOs have participated in the Pioneer ACO Model and currently participate in both the Medicare Shared Savings Program and the Next Generation ACO (NGACO) Model.

CareMount Health Solutions ACO, LLC Generates Shared Savings for Performance Year 2018

Retrieved on: 
Monday, January 27, 2020
Healthcare in the United States, Managed care, Healthcare reform in the United States, Health in the United States, Accountable care organization, Aco, Medicare, Oncology Care Model, Summit Medical Group

CHAPPAQUA, N.Y., Jan. 27, 2020 /PRNewswire/ -- CareMount Medical announced today its Next Generation Accountable Care Organization (Next Generation ACO), CareMount Health Solutions ACO, LLC, generated $778,583 in shared savings for the Performance Year 2018 for The Centers for Medicare & Medicaid Services' (CMS') Next Generation ACO Model initiative.

Key Points: 
  • CHAPPAQUA, N.Y., Jan. 27, 2020 /PRNewswire/ -- CareMount Medical announced today its Next Generation Accountable Care Organization (Next Generation ACO), CareMount Health Solutions ACO, LLC, generated $778,583 in shared savings for the Performance Year 2018 for The Centers for Medicare & Medicaid Services' (CMS') Next Generation ACO Model initiative.
  • CareMount ACO was one of a total of 38 Next Generation ACOs nationally to achieve earned savings for the 2018 Performance Year.
  • CareMount Medical participated as a Medicare Shared Savings Program Track 1 ACO since 2012 before advancing to the Next Generation ACO Model in 2018.
  • In 2019, CMS awarded CareMount Health Solutions ACO, LLC a perfect score of 61 out of 61 points on its Initial Readiness Review (IRR).

Big win for Orlando Health Network

Retrieved on: 
Friday, January 10, 2020
Healthcare in the United States, Health, Managed care, Accountable care organization, Medicare Shared Savings Program, Healthcare reform in the United States, Aco, MSSP, Orlando Health, Health Net, Medicare

ORLANDO, Fla., Jan. 10, 2020 /PRNewswire/ -- Orlando Health Network produced more than $33 million in combined savings in calendar year 2018 for the federal government's Medicare Shared Savings Program (MSSP) and through other commercial insurer partnerships, representing a big win for the largest clinically integrated network operating in the southeast United States.

Key Points: 
  • ORLANDO, Fla., Jan. 10, 2020 /PRNewswire/ -- Orlando Health Network produced more than $33 million in combined savings in calendar year 2018 for the federal government's Medicare Shared Savings Program (MSSP) and through other commercial insurer partnerships, representing a big win for the largest clinically integrated network operating in the southeast United States.
  • The network, which is part of the Orlando Health system, launched in 2013 as the first hospital-led MSSP Accountable Care Organization (ACO) in the state of Florida.
  • "While truly very rewarding, the work of an accountable care organization can be difficult as it involves significant coordination," said John Cappleman, MD, board chairman, Orlando Health Network.
  • For more information about Orlando Health's ACO and value-based contract performance, the Orlando Health Network 2019 Value Report can be accessed online at www.OrlandoHealthNetwork.com .

Genesis HealthCare’s ACO Adds Nearly 200 New Unaffiliated Facilities

Retrieved on: 
Monday, December 16, 2019
Health, Articles, Medical terminology, Genesis HealthCare, Aco, Long-term care, ACO, C.A., Managed care, Accountable care organization

KENNETT SQUARE, Pa., Dec. 16, 2019 (GLOBE NEWSWIRE) -- Genesis HealthCare (Genesis), one of the largest post-acute care providers in the United States, today announced that its ACO, called LTC ACO, welcomed nearly 200 new unaffiliated long-term care facilities to its ACO.

Key Points: 
  • KENNETT SQUARE, Pa., Dec. 16, 2019 (GLOBE NEWSWIRE) -- Genesis HealthCare (Genesis), one of the largest post-acute care providers in the United States, today announced that its ACO, called LTC ACO, welcomed nearly 200 new unaffiliated long-term care facilities to its ACO.
  • In 2016, LTC ACO, formerly known as Genesis Healthcare ACO, began participating in the Medicare Shared Savings Program (MSSP) through Genesis HealthCares Genesis Physician Services (GPS) division.
  • As of December 2019, LTC ACO welcomed nearly 200 facilities to its ACO and is in the process of contracting with approximately 200 physicians who provide services to residents in those facilities.
  • We are excited to welcome nearly 200 new non-Genesis facilities into our ACO, notes Jason Feuerman, President of LTC ACO.

Mercy Receives High-quality Rating, Saves Taxpayers Millions

Retrieved on: 
Thursday, November 14, 2019
Healthcare in the United States, Health, Healthcare reform in the United States, Federal assistance in the United States, Liberalism in the United States, Medicare, Presidency of Lyndon B. Johnson, Mercy, Aco, Accountable care organization

Mercy Health ACO the largest ACO in the country by number of Medicare patients served saved taxpayers more than $29 million in 2018 while achieving a quality score of 92.43%.

Key Points: 
  • Mercy Health ACO the largest ACO in the country by number of Medicare patients served saved taxpayers more than $29 million in 2018 while achieving a quality score of 92.43%.
  • "This shows we are doing the right thing for our patients," said Dr. Marc Gunter, president of Mercy Clinic.
  • If an ACO meets that benchmark, the organization will receive a portion of the money it saves Medicare.
  • Since Mercy's ACO met its CMS benchmark in 2018, the organization received more than $13.1 million out of the total $29 million savings to taxpayers.