Caravan Health has deployed its innovative model of accountable care and population alongside over 250 hospitals and 14,000 clinicians since 2013.
One successful partnership is with Reid Hospital, which has provided quality care to the Richmond, Indiana community for more than 100 years. Reid Hospital became interested in the ACO concept to try out alternative models of care delivery.
Caravan Health’s ACO model supports care delivery using new technologies, such as remote patient monitoring. Remote monitoring allows the clinical team to keep tabs on vitals and other data while the patient remains in the home. It keeps the patient out of the hospital and offers immeasurable peace of mind to families and caregivers.
Billie Kester of Reid Hospital explains how this innovation impacts patients and families. One family member reports that having the clinical team keeping a remote eye on his wife is, “like we have an angel in our house with us.” Remote monitoring not only frees up hospital resources, but makes it possible for families to manage care at home.
Ms. Kester goes on to describe how this arrangement also provides benefits to the provider through enhancements to the billing structure. Reid Hospital can bill for chronic care management and other services. The ACO arrangement has allowed Reid to deliver better, more cohesive care to patients in a financially sustainable structure.
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