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Increasing Evidence of ACO Effectiveness
Accountable care is gaining traction in light of the changes to come with the Affordable Care Act. While most industry focus has been placed on October enrollment dates in healthcare exchanges, hospitals and physicians are increasingly joining ACOs as way to share the financial risk of keeping patients healthy. According to an article in Bloomberg News, the government foresees cost savings as much as $1.9 billion by 2015 with ACO ventures:
“We’re providing better care because we’re keeping people out of the hospital,” Kenneth Davis, president of Mt. Sinai Hospital in New York, said in a telephone interview.
Mt. Sinai has reduced emergency room visits by 54 percent among high-risk patients. Similarly, New Jersey’s Hackensack University Medical Center saved about $16 million last year on care of about 11,000 Medicare patients who are part of the hospital’s accountable-care program. And at Coastal Carolina Health Care in New Bern, North Carolina, monthly emergency room visits dropped to 340 in February from 521 in April 2012.
Read the full story here: http://bloom.bg/14wjDT0
Despite Record ACA Enrollment, Report Reveals Underinsured Americans Are in Crisis
November 21st 2024Despite significant progress in expanding health insurance coverage since the Affordable Care Act (ACA) was enacted, millions of Americans still face critical gaps in access to and affordability of health care.
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Sustaining Compassionate Trauma Care Across Communities
September 30th 2024September is National Recovery Month, and we are bringing you another limited-edition month-long podcast series with our Strategic Alliance Partner, UPMC Health Plan. In our final episode, we speak with Lyndra Bills, MD, and Shari Hutchison, MS.
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