Our Products can help your organization stay educated and compliant. Shop Now >

Insights

Medicare ACOs Improve Quality Of Care, Generate Shared Savings

Posted on Wednesday, August 26, 2015 9:46 AM

CMS recently issued the 2014 quality and financial performance results showing that Medicare Accountable Care Organizations (ACOs) continue to improve the quality of care for Medicare beneficiaries, while generating financial savings. ACOs are one way that the Obama administration is working to provide Medicare beneficiaries with high-quality, person-centered care. Medicare ACOs include groups of doctors, hospitals, and other healthcare providers who voluntarily come together to provide coordinated care, with the goal of giving Medicare beneficiaries the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. These newly published results demonstrate significant improvements in the quality of care ACOs are offering to Medicare beneficiaries. ACOs are "judged on their performance on an array of meaningful metrics that assess the care they provide – including how highly patients rated their doctor, how well clinicians communicated, whether they screened for high blood pressure and tobacco use and cessation, and their use of Electronic Health Records." Pioneer ACOs showed improvements in 28 of 33 quality measures and experienced average improvements of 3.6% across all quality measures. Shared Savings Program ACOs improved on 27 of 33 quality measures. Click here to read more.

About Corridor

Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795.

Go Back