Vivant Health ACO's Success in Shared Savings
Vivant Health has reported a remarkable achievement through its Accountable Care Organization (Vivant Health ACO), generating over ten million dollars in shared savings during the latest three performance years. This achievement signifies its unwavering commitment to high-quality care for Medicare beneficiaries with acute health needs.
Supporting Medically Complex Patients
The Vivant Health ACO focuses on a high-risk Medicare demographic, primarily facilitated by six Federally Qualified Health Center partners. Collectively, these partners cater to nearly 68 percent of the ACO’s beneficiaries, focusing on comprehensive care that encompasses not only chronic diseases but also behavioral health and various social determinants that impact health outcomes.
Direct Benefits to Healthcare Providers
In adherence to the Medicare Shared Savings Program guidelines, this organization has distributed 60 percent of the total shared savings directly to the participating healthcare providers. Over the three-year period assessing shared savings, more than six million dollars has returned to these providers. For the latest performance year, providers shared in a distribution of approximately $1,176,255.
Leadership Acknowledged and Community Strengthened
Sarath Artham, the Chief Executive Officer of Vivant Health, emphasized the importance of their Federally Qualified Health Center partners in these successes, commending their dedication and quality of service. "Our partners’ commitment and focus on patient-centered care are essential for achieving these outstanding results," he stated.
Alignment with National Healthcare Objectives
As the Centers for Medicare & Medicaid Services (CMS) broaden their focus on value-based care, Vivant Health ACO is well-positioned to lead the way. Their consistent performance in delivering high-quality outcomes resonates with CMS’s strategy to enhance care for high-need populations, paving the way for innovative models of care tailored to meet these individuals' diverse needs.
Community Health Partnerships
Vivant Health not only excels operationally but also prioritizes collaborations with organizations like Elica Health Centers and Health and Life Organization (HALO). These partnerships are pivotal in providing comprehensive care tailored to foster equity and improve outcomes for patients facing complex medical challenges.
Pioneering Integrated Healthcare Solutions
Vivant Health ACO engages in the Enhanced Track of the Medicare Shared Savings Program, showcasing exceptional performance metrics that gauge preventative care, chronic disease management, hospital utilization, and overall patient experience. These advancements are particularly impactful for the underserved and high-risk Medicare populations.
About Vivant Health
Founded over 30 years ago, Vivant Health exemplifies leadership in health coordination and innovation. Their mission extends beyond conventional healthcare practices, focusing on health equity through advanced clinical care and robust partnerships with community health centers, independent providers, and various health plans.
Conclusion
As Vivant Health continues to expand its influence in the healthcare landscape, its dedication to improving community health and ensuring access to quality care remains paramount. The organization currently serves over 300,000 patients in California and collaborates with eight major health plans. They offer eight coordinated programs that exemplify their commitment to enhancing healthcare accessibility and quality for all individuals.
Frequently Asked Questions
What is Vivant Health ACO?
Vivant Health ACO is an organization focused on providing high-quality, coordinated care primarily for high-risk Medicare populations.
How much in shared savings has Vivant Health ACO achieved?
The ACO has achieved over ten million dollars in shared savings over the past three performance years.
Who are Vivant Health ACO's partners?
The ACO works primarily with six Federally Qualified Health Centers that contribute to 68% of its patient population.
What is the importance of shared savings?
Shared savings are crucial as they reward participating providers for their innovative care solutions which enhance patient outcomes.
How does Vivant Health ACO perform on national healthcare metrics?
Vivant Health ACO has consistently shown strong performance on various national measures, particularly in preventive and chronic care management.
