ACOs are a journey, not a destination
Are you ready to receive the benefits of joining an ACO? To be eligible for the Medicare Shared Savings Program (MSSP), an ACO must agree to participate for at least 3 years, meet other program requirements such as establishing a governing body, to establish processes to promote evidence-based medicine, promote patient engagement, and to internally report on quality and cost measures and coordinate care.
Medicare determines the “benchmark cost” based on claims data from your patients over the preceding three years and grows that benchmark to allow for inflation. Once your performance year starts, Medicare measures your ACO's annual spending again on the claims of your patients. If savings are achieved and quality reporting is complete, Medicare shares savings with the ACO participants. ACOs offer their own sets of rewards, challenges, and pitfalls, but with Caravan Health, you’ll beat your benchmark year after year.
Caravan Health helps providers navigate the challenges of value-based payments. We design, build, and sustain population health programs. When you join one of Caravan Health’s ACOs, you receive resources and support from our network, including education and training.
If you are starting or joining an ACO, we can get you where you need to be with the best results in the industry.