These beneficiaries will automatically be enrolled in the ACO if they are patients of any of RIPCPC’s 130 physicians, according to the report.
The goal of the ACO is to improve care coordination and reduce costs. RIPCPC providers will help coordinate care and are eligible for incentives if they improve the quality of care based on specific measurable factors. These factors include hospital readmission rates, disease management, cost savings and patient safety and satisfaction, according to the report.
UnitedHealthcare reports $36 billion in physician and hospital reimbursements from ACOs and value-based arrangements, a figure that has almost tripled in three years. The health insurance giant expects $65 billion in reimbursements by 2018, according to the report.
More articles on accountable care:
Reid Hospital, Physician Associates join rural ACO group
Dr. Vipul Mankad: The secret recipe for ACO success
Increasing costs offset potential savings for Connecticut ACO
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit