In January, the Mississippi Hospital Association agreed to sponsor the nation’s first statewide ACO. The ACO, Myriad Health Alliance, is owned and operated by participating hospitals, who coordinate care for Medicare patients statewide.
The Florida Hospital Association followed suit in March, launching an ACO that allows independent Florida hospitals to coordinate care and lower costs for Medicare patients.
Under these types of partnerships, independent hospitals and providers work together as one system to share data and manage care.
More articles on healthcare finance:
Nicklaus Children’s Hospital to freeze wages, lay off staff
State-by-state breakdown of 102 rural hospital closures
117 hospitals drop out of BPCI Advanced: 5 things to know
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