Tenet's Detroit Medical Center Recognized for Top Performance Among Medicare Pioneer ACOs
August 31 2015 - 9:20AM
Business Wire
Michigan Pioneer ACO was the most successful
Pioneer ACO in 2014 for benchmark savings improvement
Tenet Healthcare Corporation’s (NYSE: THC) Michigan Pioneer
Accountable Care Organization (ACO) generated an estimated savings
of nearly $17 million in its third performance year, making it the
most successful Pioneer ACO in 2014 for benchmark savings
improvement.
The Michigan Pioneer ACO is affiliated with Tenet’s Detroit
Medical Center and is one of only 19 organizations nationally
participating in the Centers for Medicare and Medicaid Services
(CMS) accountable care initiative. This initiative is designed to
achieve CMS’s “triple aim” of providing more coordinated care to
Medicare beneficiaries at a lower cost to the Medicare program,
while achieving rigorous quality standards. The Michigan Pioneer
ACO yielded nearly $39 million of savings over a three-year period,
during which time the ACO also experienced consecutive
year-over-year improvement in quality results.
“The focus of our Michigan Pioneer ACO is to improve care
transitions and care coordination, supported by efforts to ensure
patients see their primary care physician within seven days after
hospital discharge and encouraging every patient to see their
primary care physician for their Medicare annual wellness visit,”
said Joe Mullany, chief executive officer of Detroit Medical
Center. “This program demonstrates DMC’s and Tenet’s long-standing
commitment to improving the health of our patients and the delivery
of healthcare services to our communities.”
More than 20,000 Medicare beneficiaries receive their care from
providers in the Michigan Pioneer ACO. Improved access to services,
including preventive medical care, is facilitated by physicians
participating within the ACO and is achieved through enhanced
coordination and communication among patients, physicians,
hospitals and other caregivers.
“We are proud of DMC’s Michigan Pioneer ACO and the achievements
realized during the first three years of the program," said Trevor
Fetter, chairman and chief executive officer of Tenet Healthcare.
"These results are made possible when patients, physicians,
hospitals and the entire medical community collaborate effectively.
Tenet is pleased to continue its engagement in Medicare ACOs and
plans to expand these programs for 2016, building upon our
commitment to improve quality and achieve better outcomes.”
Seventy-five percent of Tenet’s hospitals across the U.S. have
affiliated ACO networks that provide care to nearly 700,000
Medicare and commercial patients.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare
services company with more than 125,000 employees united around a
common mission: to help people live happier, healthier lives.
Through its subsidiaries, partnerships and joint ventures,
including United Surgical Partners International (USPI), the
company operates 80 general acute care hospitals, 19 short-stay
surgical hospitals and over 400 outpatient centers in the United
States, as well as nine facilities in the United Kingdom. Tenet’s
Conifer Health Solutions subsidiary provides technology-enabled
performance improvement and health management solutions to
hospitals, health systems, integrated delivery networks (IDN),
physician groups, self-insured organizations and health plans.
Tenet also operates six health plans. For more information, please
visit www.tenethealth.com.
The terms "THC," "Tenet Healthcare Corporation," "the company,"
"we," "us" or "our" refer to Tenet Healthcare Corporation or one or
more of its subsidiaries or affiliates as applicable.
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Tenet Healthcare CorporationCorporate CommunicationsDonn
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RelationsBrendan Strong,
469-893-2387investorrelations@tenethealth.com
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