With the four new ACOs, Wellmark will have 13 total accountable care agreements, including more than 2,000 physicians and covering approximately 525,000 beneficiaries.
As part of the ACO agreement, Wellmark provides financial incentives to providers to manage the health of its member population. If providers hit benchmarks for quality and costs, they have the opportunity to share in savings.
More articles on accountable care:
Truckee Tahoe Medical Group joins rural ACO group
78% of post-acute care providers not participating in ACOs
Commenter participation reflects growing interest in value-based care
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.