Caravan Health is pleased to announce an exciting new partnership with Astria Health.
Increasing revenue while reducing overall cost to care feels like a conundrum to many health care leaders. Perry Gay, Logansport Memorial Hospital president and chief executive officer, was no different.
Community hospitals have been buffeted by significant economic pressures in the last decade, including deflated Medicare payment rates, low growth in inpatient utilization, and new payment and delivery models aimed at upending the structure of physician-hospital relationships.
The momentum of value-based payments is growing.
Caravan Health recently announced the addition 103 community hospitals to its 15 new partner ACOs. Amongst the new cohort is Avera McKennen Hospital & University Health Center, the flagship of Avera Health System.
Caravan Health today announced the addition of 103 new health systems and 15 new accountable care organizations (ACO) to its growing group of partners, which now totals more than 250 hospitals in the Medicare Shared Savings Program (MSSP) serving more than 460,000 attributed beneficiaries. The news, which follows the Centers for Medicare and Medicaid Services’ (CMS) announcement earlier this week detailing a total of 124 new ’18 ACOs, demonstrates strong interest in population health among community hospitals.
Last fall Caravan Health was thrilled to share that our ACO partners accounted for 37 percent of shared savings among new ACOs in 2016 with only 17 percent of covered patient lives. Since joining a Caravan-partnered ACO in 2016, Winona Health Services has successfully transformed their care delivery system to achieve outstanding results.
Over 600 attendees gathered in Phoenix for the second annual Caravan Health Accountable Care Symposium on December 6-7, 2017. This year’s event featured thought leaders, industry experts, panel discussions and breakout sessions that addressed the most pressing concerns of health system leaders today.
The end of the year at Caravan means an opportunity to meet with many of our clients, partners, and all of our employees at the Accountable Care Symposium.