What is Franciscan ACO?
The Franciscan ACO is a quality-centered system of care that focuses on providing an optimal healthcare experience to people with Medicare fee-for-service and other insurance programs.
What is the largest ACO in the US?
Top 50 ACOs by Gross Savings
| ACO Name | Patient Population | |
|---|---|---|
| 1. | Palm Beach Accountable Care Organization | 67,521 |
| 2. | AMITA Health Accountable Care Organization | 34,645 |
| 3. | Scottsdale Health Partners | 25,767 |
| 4. | USMM Accountable Care Partners | 20,656 |
Is ascension an ACO?
Ascension Care Management is an Accountable Care Organization, or ACO. It is a group of physicians and other healthcare providers who agree to work together with Medicare to provide the best possible care.
Who is top ACOs?
10 ACOs with the Highest Shared Savings Payments in 2020
- PALM BEACH ACCOUNTABLE CARE ORGANIZATION – $54.3 MILLION.
- STEWARD NATIONAL CARE NETWORK, INC.
- BAYLOR SCOTT & WHITE QUALITY ALLIANCE – $47.1 MILLION.
- MASS GENERAL BRIGHAM ACO, LLC – $46.7 MILLION.
- PRIVIA QUALITY NETWORK, LLC – $42.2 MILLION.
What is a commercial ACO?
We defined a commercial ACO as an ACO that had at least one contract with a private payer (with or without Medicare or Medicaid contracts) and a noncommercial ACO as one that had contracts only with Medicare, Medicaid, or both. We present our data as means or as percentages.
What is Baylor Scott White Quality Alliance?
Baylor Scott & White Quality Alliance is an accountable care organization (ACO) affiliated with Baylor Scott & White Health. BSWQA represents a commitment to achieving the highest quality, cost-effective care possible for the patients we serve through clinical integration.
How does an ACO work?
ACOs are networks of hospitals, physicians, specialists, and other combinations of providers that voluntarily contract with a payer to share the medical and financial responsibility for coordinating the care of an assigned population.
Is an ACO only for Medicare?
Although starting as a public option under Medicare, ACOs have also grown into a force in the commercial payer market. Many ACOs have multiple contracts with payers, including Medicare and one or more private insurance companies.
Is Baylor Scott and White religious?
Founded as a Christian ministry of healing, Baylor Scott & White Health promotes the well-being of all individuals, families and communities.
Is Baylor Scott and White an ACO?
Baylor Scott & White Quality Alliance (BSWQA) is the accountable care organization (ACO) affiliated with Baylor Scott & White Health.
What are negatives of an ACO?
Cons. Limited choice: With so many healthcare providers joining ACOs, some patients will have trouble finding doctors outside of a specific group. The shortage of options could lead to higher patient costs. Referral restrictions: ACOs provide doctors incentives to refer to specialists within the group.
What are the benefits of an ACO?
ACOs are structured to create an incentive to be more efficient by offering bonuses when providers keep costs down. They must carefully manage consumers with chronic conditions, focusing on prevention, to impact utilization of services and reduce overall costs of care.