TAMPA, Fla., and KNOXVILLE, Tenn., Jan.
13, 2021 /PRNewswire/ -- Collaborative Health Systems
announced today the Accountable Care Coalition (ACC) of
Tennessee, LLC generated
$21.2 million in shared savings for
performance years 2018 and 2019, according to figures released by
the Centers for Medicare & Medicaid Services (CMS).
In performance year 2019, the ACC of Tennessee, which is in its second year in the
Next Generation Accountable Care Organization (ACO) Model:
- Served more than 22,000 Medicare beneficiaries across
Tennessee;
- Achieved an overall quality score of 99%; and,
- Generated $15.9 million in shared
savings – a 200% increase from performance year 2018.
"We are proud to report the ACC of Tennessee has generated savings for our
providers and the Medicare program for the second consecutive
year," said Dr. Bhavana Vora,
Medical Director for the Accountable Care Coalition of Tennessee and a partner in Summit Medical
Group. "We remain committed to providing high-quality care and
services to our patients and are grateful the CMS program allows us
to demonstrate how we can provide increasing value in our local
communities."
"Our continued success in striving for clinical excellence and
improving care for Medicare beneficiaries is a reflection of the
strong partnership we have with CHS," said Ed Curtis, Chief Executive Officer of Summit
Medical Group. "The Next Generation ACO Model continues to help us
lead the way to higher quality, more affordable healthcare, and set
the pace nationally as a leader in the movement to value-based
care."
"The ACC of Tennessee continues
to demonstrate how physicians committed to efficiency and enhancing
patient care can succeed by embracing value-based models that
increase accountability, lower costs, and improve quality of care,"
said Anthony Valdés, President of Collaborative Health Systems. "We
look forward to our continued partnership as we work to achieve
quality health outcomes, healthier patient populations, and lower
costs in Tennessee
communities."
The Next Generation ACO Model was designed under the CMS
Innovation Center to test whether strong financial incentives for
ACOs can improve health outcomes and reduce expenditures for
Medicare Fee-For-Service (FFS) beneficiaries. Under the Model,
groups of doctors and other healthcare providers come together
voluntarily to provide coordinated, high-quality care at lower
costs to their Medicare FFS beneficiaries. Provider groups in
this Model assume higher levels of financial risk and reward than
are available under the Medicare Shared Savings Program (MSSP). The
Model engages beneficiaries in their care through benefit
enhancements designed to improve the patient experience and rewards
seeking appropriate care from providers and suppliers participating
in ACOs.
For more information about the ACC of Tennessee and Collaborative Health Systems,
visit www.CollaborativeHealthSystems.com.
About the Accountable Care Coalition of Tennessee, LLC
The Accountable Care
Coalition of Tennessee, Inc. is a
Next Generation ACO focused on value-based healthcare. Our
providers, who are located in East
Tennessee, are dedicated to improving the quality of
healthcare and lowering the growth rate of healthcare costs. The
Accountable Care Coalition of Tennessee participates in the CMS Innovation
Center's Next Generation ACO initiative under an annual
participation agreement with CMS. For more information, visit
accoftennessee.com.
About Summit Medical Group
Summit Medical Group,
founded in 1995, is East
Tennessee's largest primary care organization with more than
300 providers at more than 65 practice locations in 15 counties.
Dedicated to providing comprehensive quality care and value, Summit
also consists of four diagnostic imaging centers, mobile diagnostic
services, eight physical therapy centers, four express clinics,
central laboratory and a sleep services center. Summit provides
healthcare services to more than 280,000 patients, averaging over
one million encounters annually. For more information, visit
www.summitmedical.com.
About Collaborative Health Systems
Collaborative
Health Systems (CHS) is a management services organization that
partners with independent primary care physicians as they move to
value-based models. Its core belief is that primary care physicians
are in the best position to influence the quality and cost of
healthcare. CHS provides comprehensive support for its physician
partners by providing management services, risk contracting, and
population health capabilities, including actionable data and other
tools, to deliver care coordination and closure of gaps in care.
CHS provides additional services to secure and deliver favorable
value-based contracts with commercial and other health plans. As of
August 2020, CHS manages two Next
Generation ACOs, nine MSSP ACOs, a Care Transformation
Organization, and three Independent Practice Associations. CHS is a
wholly owned subsidiary of Centene Corporation. For more
information, visit
www.CollaborativeHealthSystems.com.
Collaborative Health Systems operates Monday through Friday from
8 a.m. to 5 p.m. ET. For more
information, call 866-245-7043.
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SOURCE Collaborative Health Systems