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ACOs led by independent physicians save Medicare ‘substantially’ more money, CBO says

April 17, 2024Garrett Schmitt

Dive Brief: Accountable care organizations led by independent physicians save Medicare more money than other types of ACOs, according to a new Congressional Budget Office review of existing research. Independent physician-led ACOs have clear financial incentives to reduce hospital care to lower spending, while hospital-led ACOs — which earn more revenue when patients are admitted…

Value-based care adoption is a journey, not a destination. And the map you follow can make all the difference

April 17, 2024Garrett Schmitt

What is the transformation and what is the value-based care journey, how is the financial system in health care changing, and how does that change impact health care practice? The health care system has been steadfastly forging ahead toward a value-based care (VBC) reimbursement model over the past several years. As we enter the seventh…

RECORDED WEBINAR: Your ACO Guide to Targeting Costs with Data-Driven Strategies: Best Strategies for ACO Cost Control with Quality plus Claims Data

April 17, 2024Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides ACOs have struggled with lowering costs, and having the data to use smart strategies. Examine your options and possible data strategies for targeting a key area of cost avoidance: avoidable utilization and other expenses. In this webinar we’ll review the types of data that ACOs have available to them for targeting avoidable costs, and which…

Best practices, legislative priorities and SNFs: 4 key takeaways from the NAACOS spring conference

April 16, 2024Garrett Schmitt

The National Association of ACOs (NAACOS) hosted a spring conference last week, with sessions on post-acute care, fraud, implementation best practices, health equity and legislative priorities. CMS officials, industry executives and independent experts gave their thoughts on where the industry is headed and where improvements are needed in the accountable care world. Here are four…

AHIP, AMA, NAACOS Release Playbook for Value-Based Care

April 16, 2024Garrett Schmitt

As the healthcare industry works to move away from the fee-for-service system, three healthcare stakeholders have teamed up to release a playbook that details the best practices for value-based arrangements. The three organizations are AHIP, the American Medical Association (AMA) and the National Association of ACOs (NAACOS). AHIP represents health insurers, while the AMA represents…

CVS creating new ACO in South Carolina through REACH program

April 16, 2024Garrett Schmitt

CVS Accountable Care and inVio Health Network, a collection of more than 5,600 providers in South Carolina, are partnering to improve care outcomes for 60,000 Medicare beneficiaries. The two partners will create a new accountable care organization under the ACO REACH program. CVS will provide the resources and analytical know-how necessary to scale inVio, the…

Understanding the ACO Opportunity For Hospices

April 15, 2024Garrett Schmitt

Though the Medicare Advantage hospice carve-in is going away at the end of this year, those operators still have a role to play in value-based care. The carve-in, formally known as the hospice component of the value-based insurance design model (VBID), will expire on Dec. 31. The program was designed to test hospice coverage through…

ACO leaders share methods for building successful programs

April 15, 2024Garrett Schmitt

Successful accountable care organizations (ACOs) have lessons to share with their peer health systems, said five organization leaders who spoke at the spring conference of the National Association of ACOs (NAACOS). ACOs have success stories to share, but those have come through hard work, they said. The discussion was part of the Spring Conference of…

Chutes & Ladders—NAACOS President Gaus bids farewell; Parsley Health adds co-CEO

April 12, 2024Garrett Schmitt

National Association of ACOs (NAACOS) President and CEO Clif Gaus is retiring in the fall. The organization will look for a new CEO with a search committee. Gaus founded NAACOS in 2012 as the first and only national org to serve ACOs. Since then, the number of ACOs in the country have grown from 100…

ACO Leaders Press CMS for Response on Catheter Anomalous Billing

April 11, 2024Garrett Schmitt

At this week’s spring meeting of the National Association of ACOs (NAACOS), officials from the Centers for Medicare & Medicaid Services were asked to respond to growing concerns about the impact of widespread anomalous billing and suspected fraud involving urinary catheters that is impacting Medicare ACO results. According to a February 2024 story in the…

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