Texas Health Resources, BCBS Form ACO
partnered to form an accountable care organization.
The ACO will attempt to improve quality of care and patient experience while managing costs by pursuing the following strategies:
• Early identification of disease or illness through care coordination.
• Using advanced technology to make informed decisions and facilitate smooth care transitions.
• Implementing a new payment arrangement.
• Lowering costs by coordination among payors and providers.
More than 1.6 million BCBSTX members who receive care from Texas Health's 25 hospitals and 18 outpatient facilities will have access to the ACO's in-network care.
No start date for the ACO was released by Texas Health.
More Articles on Accountable Care Organizations:Walgreens is First Pharmacy Chain Approved for CMS ACO Program
Cigna, Orlando Health Physician Partners Launch Accountable Care Initiative
CMS Names 106 New Medicare ACOs
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.