Friday, March 18, 2016

New Hospitals and Health Care Providers Combine Successful, Cutting-Edge Federal Initiative That Cuts prices

HealthEast and Entira Family Clinics, members of the Community Health Network (CHN), declare that CHN was selected as one of approximately 150 renewing Medicare Shared Savings Program Accountable Care Organizations (ACOs), offering Medicare beneficiaries with access to high-quality, coordinated care across the US, the Centers for Medicare and Medicaid Services (CMS). That brings the total to 434 Shared Savings Program ACOs serving over 7.7 million beneficiaries.


Doctors, hospitals and health care providers develop ACOs in case to work together to provide higher-quality coordinated care to their patients, while assisting to slow health care cost growth. Community Health Network will be one of 434 ACOs participating in the Shared Savings Program as of the month January 1, 2016. Beneficiaries seeing health care providers in ACOs always have the freedom to select doctors inside or outside of the ACO. ACOs receive a portion of the Medicare savings generated from lowering the growth in health care costs as long as they also meet standards for high quality care.


"Persons across America are going to be better cared for when they go to their health care providers, because these hospitals and contributors have made a commitment to innovation, a commitment to alter how they do business and care for patients," HHS Secretary Sylvia Matthews Burwell stated. "Medicare, and the health care system as a whole, is moving toward paying providers deployed on the quality, rather than just the quantity of care they give patients. The 3 new ACO initiatives that are being launched today mark an important step forward in this attempt."

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