Blue Shield of California Invests $20M to Help Providers Launch ACOs

Blue Shield of California has distributed nearly $20 million in grants to 18 California hospitals, health systems, clinics and physician groups to help them participate more effectively in accountable care organizations.

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The ACO grants are being made as part of Blue Shield’s pledge that it would return money to its customers when its net income exceeds 2 percent of revenue. Grantees include Doctors Medical Center of Modesto ($650,000), which plans to deliver a post-acute discharge program that aims to reduce post-discharge readmissions and emergency room visits, improve primary care follow-up and reduce overall length of stay.

Related Articles on ACOs:

Rady Children’s Hospital Joins Statewide ACO Pilot Program in California
CMS to Offer Final ACO Accelerated Development Learning Session in D.C.
Inconsistent CMS Pilots Leave Hospitals Feeling Swamped

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