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Accountable Care Organizations (ACOs) have made great strides in enhancing patient care and reducing costs, saving $3.1 billion in 2023. The recently released report based on ACO performance in 2023 (PY2023) provides valuable insights into where ACOs are excelling. On this episode Dan sits down with Sarah Kachur PharmD, MBA, BCACP, Executive Director of Strategy and Solutions at Johns Hopkins Population Health Analytics, to discuss the key findings of the report and what it reveals about the future of ACOs. Gain insights into the priorities of the most successful ACOs (in PY 2023) and their predictions for changes and challenges in 2025 and beyond.
Key Takeaways:
- ACOs achieve the greatest savings by focusing on keeping high-risk patients out of hospitals and providing support at home.
- Patient outreach led by primary care physicians was crucial to the success of ACOs in 2023, especially after hospital discharges.
- As benchmarks and reporting requirements evolve beyond 2024, ACOs must continue to focus on proactive, patient-centered, and preventative care delivery.