Detroit Medical Center (DMC) is glad to declare it has been opted to participate in the year of 2017 Centers for Medicare and Medicaid Services’ (CMS’s) Next Generation ACO Model (Accountable Care Organization Model), a transformative step sponsored by the CMS Innovation Center. As a Next Generation ACO Model, DMC’s Michigan Pioneer ACO will sustain to join CMS to give Medicare beneficiaries with higher-quality care at lower charges.
The declaration is an outcome of a rigorous and competitive selection process that started in the year of 2015 with the national release of a request for Letters of Intent (LOI) from CMS. Building on the Pioneer ACO Model and the Medicare Shared Savings Program, the Next Generation ACO Model gives a new chance in accountable care that sets predictable financial targets, enables providers and beneficiaries greater opportunities for coordination with the target to attain the largest quality standards of care and make better health outcomes. The Model will permit the ACO greater flexibility in offering benefit enhancements and payment models involving faster access to skilled nursing facilities and other services.
"We are happy to build on the national victory of the Michigan Pioneer ACO," stated Dr. Anthony Tedeschi, chief executive officer of the Detroit Medical Center. "Our focus has always been our commitment to make better the health outcomes for our sufferers while increasing the efficiency of healthcare to provide the best possible model."
The Michigan Pioneer ACO is believed to be one of the original 32 Pioneer ACOs participating in the 5 year Model that began in the year of 2012, and is one of 9 still successfully participating. In fact, the Michigan Pioneer ACO was ranked the most successful Pioneer ACO of nation in the year of 2014 for financial benchmark savings improvements and has consistently increased its quality and efficiency every year. Since inception in the year of 2012, the Michigan Pioneer ACO has decreased Medicare spending for the health care services by $41 million, resulting in net savings to the Medicare program of $20 million.
"Shifting to the Next Generation ACO Model gives for larger collaboration between our sufferers and providers, closing the gaps in care while enhancing the quality of services," claimed Roger Wiseman, senior vice president of Population Health at the Detroit Medical Center. "We look forward to working with our almost 18,000 Medicare beneficiaries served in the Michigan Pioneer ACO to increase the benefits and further decrease charges."
The Next Generation ACO Model gives important services for all stages of healthcare involving chronic disease programs, preventative care reminders, transportation assistance following hospitalization, transitional care call follow-ups, appointment assistance and the support of the high quality specialists on staff at DMC
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