Caravan Health Right-Sizes ACOs for Success
ACOs offer their own sets of rewards, challenges, and pitfalls, but with Caravan Health, you’ll beat your benchmark year after year. Click through the different benefits in the diagram to learn more.
The Caravan Health Difference
ACOs offer their own sets of rewards, challenges, and pitfalls, but with Caravan Health at the helm, you’ll beat your benchmark year after year. Click on the different benefits to the right to learn more about what it means to be part of the Caravan Health ACO network.
Bringing Population Health to Life
When an ACO has fewer than 20,000 lives, hospitals lose the ability to meaningfully connect performance to outcomes. When an ACO has more than 60,000 lives, participating organizations can begin to see performance-based results. And an ACO with more than 100,000 lives can effectively share risk and reliably make quality and financial gains. Although many independent hospitals and clinics lack the knowledge, resources, and partners to form an ACO of that size, Caravan Health is uniquely experienced to support large-scale collaboration with our proven accountability, governance, and transparency model.
Our ACO Collaboration Model
To start with, we partner with you to better understand your long-term strategy. If Medicare risk is in your future, we will help you join other ACOs to avoid writing senseless checks based on “bad luck” caused by statistical variation. In this model, accountability, transparency, and enforcement are key.
Steps We Take to Make ACO Collaboration Successful
- Improve transparency and communication among key players, including CEOs, physicians, population health nurses, and others
- Align expectations among participating organizations
- Create a clear roadmap and action plan
- Implement clinic scorecards to objectively measure population health management and meaningful use
- Quickly identify and remediate practices that are barriers to success
- Remove chronically underperforming practices from the ACO
You Don’t Have to Take ACO Risk Alone
If risk is in your strategic plan, we help you take the next step by connecting you with like-minded partners – because when it comes to ACOs, bigger is better. The more participants you have in an ACO, the more you minimize statistical variability and the more successful you will be, as long as ALL participants are doing the work. Our accountability model will ensure consistent performance across the ACO. Pooling your lives with other high-performing organizations will be the most important move you can make to maintain local control, prepare for future risk models, or even launch a provider-based health plan.
The Caravan Health Difference
ACOs with equally committed partners
Group benefits, local leadership
80-90% less administrative burden
Get connected to the right partners.
Our network of ACOs is immense and constantly growing, so if you think you might want to make a change, let’s talk. We find you the best fit for your health system and connect you with others that share your vision and drive.