In the ACO, the hospitals and independent physician groups will contract and share risk together to improve quality and efficiency. Hospitals and physicians are in a 50-50 partnership and share governance of the ACO, which is called Beth Israel Deaconess Care Organization.
As part of the agreement, BIDMC and BIDPO will jointly invest $12 million over five years in order to improve care coordination infrastructure.
No payor was named in the release.
More Articles on Accountable Care Organizations:
Humana, Banner Sign Accountable Care Agreement
Population Health Management is a Two-Way Street: Encouraging Patient Engagement
5 Payment Models for ACO Providers
