latest news on accountable care organizations

Health IT

Anthem data breach reminds us: A patient ID is a pretty damn good idea

Anthem experienced a major data breach last week, and reportedly some records (Social Security Numbers and other identifying information, but not health data) of up to 80 million members and employees were obtained by hackers. There is much to be said (and much has already been said) about the need for privacy and security and protections […]

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Consumer-driven drug coverage (Obamacare style). Nothing fits

Square peg, round hole. More than a third of silver plans offered on the federal health insurance marketplace may be listing inaccurate or incomplete prescription drug cost-sharing information because their formularies don’t fit neatly into the federal government’s online template, a recent analysis found. Healthcare.gov is the online gateway for consumers in 37 states to compare […]

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Wake up! High-deductible health plans are the ultimate barriers to healthcare

They used to call high deductible health plans “consumer-directed” plans. That was before people realized there is nothing particularly consumer driven about them. A recent poll –not the first of its kind– shows that people with high deductible plans tend to forego care. In fact they skip both unneeded and needed care. Most people don’t like the […]

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CMS adding 89 new ACOs

CMS yesterday announced that 89 new accountable care organizations were formed to join the Shared Savings Programs, bringing the total of such ACOs to 405 that serve more than 7.2 million patients. In 2014, existing Shared Savings Program ACOs added almost 17,000 healthcare providers, and the 89 new ACOs will bring approximately 23,000 additional physicians […]

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New model, rules proposed for Shared Savings ACOs

Health systems that have adopted the Shared Savings model ACOs could have an additional three years before being financially penalized for poor performance under a new proposal by CMS, Kaiser Health News reported. The proposal “is one of dozens of changes” put forth by CMS in attempt to ease rules governing ACOs established under the […]

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Hill Physicians join Anthem ACO in California in push toward PPOs

Hill Physicians Medical Group, which has 3,800 physician providers, has joined Anthem Blue Cross‘s ACO network in California as part of an effort by both organizations to reduce costs through the increased use of PPOs. Anthem’s ACO specifically targets members with two or more chronic conditions to help them better maintain overall health through care […]

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CMS launches new investment model for ACOs

CMS today unveiled a new, $114 million investment initiative for Shared Savings ACOs, prompted by efforts to improve coordination and health IT efforts. Specifically, the new ACO initiative is geared toward the more rural and underserved regions, with the $114 million going toward 75 ACOs across the country, according to CMS. Overseen by the CMS […]

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Pioneer ACOs continue to bow in and out

Yet another Pioneer ACO has decided to bow out of the program overseen by CMS, this time in Indiana, with Franciscan St. Francis Health dropping out despite being among the top nationally ranked ACOs that in 2012 earned a bonus of $6.6 million. The Indianapolis Business Journal reports that, despite that seeming promise, Franciscan said it […]

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To run an ACO, provider organizations needs to cope well with stress

Healthcare organizations that are adept at handling stressful situations can often be the most successful ACOs because of the initial risk and new environment, which can quickly sink other organizations more likely to seek the status quo. That’s according to Hoangmai Pham, director of Seamless Care Models Groups for the CMS Innovation Center, speaking on […]

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Farzad Mostashari: 3 ways that ACOs could fail

Accountable care organizations could be the best way to reduce the cost of managing patients with chronic conditions in a sustainable way. But in a talk at the ENGAGE conference in Bethesda, Maryland this week, Farzad Mostashari stressed that ACOs need to be good for patients, society and physicians or the model will fail. Mostashari […]

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House bill would promote telehealth for ACOs

A bill moving its ways through Congress would promote expanded use of telehealth offerings among ACOs, an issue hindered by current fee-for-service payment model, according to the bill’s sponsors. The bill, HR 5558, was introduced by Reps. Diane Black (R-Tenn) and Peter Welch (D-Vt). The legislation would allow ACOs to utilize remote patient monitoring tools […]

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Apollo ACO generates nearly $11M in savings

Apollo Medical Holdings, which operates a Southern California physician-led ACO, says it has generated nearly $11 million in savings, of which about half will go back to Apollo. Apollo is part of the shared savings ACOs, which together with the Pioneer ACOs have produced $372 million in savings, according to recently released data from CMS. […]