Strategies for ACO Success
As population health payment models continue to demonstrate higher quality of care with lower costs, providers must be prepared to experience increased pressure to transition their practices to value-based care. This includes taking on risk and understanding how to play the numbers game. Without knowing how to make the numbers work, staying on course for ACO success can be challenging.
- How do you compensate for lost revenue from reduced ER visits and hospitalizations?
- Will you be prepared to write a check to CMS every year?
- How will you make the numbers work?
As the nation’s leading ACO experts, Caravan Health recognizes the need for value-based care and understands the benefits of ACOs. In our work with urban and rural health systems and providers nationwide, we have helped our partners transition to population health and have sustainable ACO success. Membership in a successful ACO helps to improve the collective health of communities by improving quality and lowering total costs, while generating new outpatient revenue. But hospital administrators don’t need another initiative to manage or more policy changes to untangle. They need solutions and we’ve got them.
Year after year, Caravan Health ACOs consistently perform better than their benchmarks by delivering better patient care patients and lowering overall costs. Together, we work with our ACO participants to raise our collective level because we have shared goals. You want to deliver high quality care and generate new revenue and we want the same. That’s why we continue to create innovative strategies, provide educational resources and work closely with you to make sure we understand your challenges so you can achieve ACO success regardless of external circumstances.
ACO success is attainable for every hospital system, physician practice, and/or clinic willing to commit to the integration of population health care. The experience of participating in an ACO offers its own set of rewards, challenges and pitfalls which can be expected with any paradigm shift or change. Many systems and providers have tried and failed – we’ve learned from their failures and have created a proven solution to ACO success. With Caravan Health’s support, resources AND ACO and analytics experts, we are confident that our clients will have the knowledge and ability to outperform the benchmarks year after year.