WellSpan Achieves Remarkable Success in Medicare ACO Program
WellSpan Health's Medicare ACO Performance Overview
WellSpan Health, recognized for its commitment to healthcare affordability, has been honored by the Centers for Medicare and Medicaid Services (CMS) for saving significant funds for its patients. This is achieved through high-quality care and effective care coordination. Recently released CMS data highlights WellSpan's positive impacts on over 67,000 beneficiaries throughout South Central Pennsylvania.
Significant Financial Impact of WellSpan's ACO
As a prominent provider within the Medicare Shared Savings Program, WellSpan's efforts have led to substantial savings of $16.5 million for its patients and the Medicare program for the year. Of this amount, approximately $12.1 million represents shared savings distributed among WellSpan’s various independent practice partners.
Core Principles of Accountable Care Organizations
Accountable Care Organizations (ACOs) operate on a value-based care model that strives for the triple aim: enhancing quality, improving patient experience, and ensuring affordability. This organization type is pivotal in uplifting the health standards of communities by ensuring that healthcare systems and independent physician groups enhance access to quality care. The emphasis on coordinated care allows patients to receive timely medical attention, thereby minimizing unnecessary variations in treatment.
WellSpan's Mission and Achievements
Dr. Anthony Aquilina, WellSpan's executive vice president and chief physician executive, articulated the organization’s dedication to affordability and leadership in value-based care within Central Pennsylvania and beyond. The achievements of WellSpan’s ACO reflect a mission that prioritizes patients. The organization has successfully generated savings of $38 million for Medicare in the past two years, marking a significant achievement in the healthcare landscape.
Improvements in Clinical Quality and Patient Care
WellSpan's Medicare ACO continues to enhance clinical quality through strategic evidence-based care pathways and a strong focus on preventive healthcare practices. The accessibility of care remains crucial, with all primary care locations under the ACO umbrella maintaining certified patient-centered medical home status. An impressive 95% of these practices utilize an integrated electronic health record system, further ensuring that patient care is streamlined and effective.
Commitment to High-Quality Care
The dedication of WellSpan's Medicare ACO is underscored by its notable quality scores, particularly in patient engagement and provider collaboration. Feedback from patients reflects improved experiences and satisfaction levels driven by shared decision-making practices and clear communication.
Contact Information for Further Inquiries
For more details about WellSpan Health’s initiatives, reach out to Ryan Coyle at 717-851-3151 or via email at RCoyle@WellSpan.org.
Frequently Asked Questions
What is the Medicare Shared Savings Program?
The Medicare Shared Savings Program is a program that encourages groups of doctors, hospitals, and other healthcare providers to work together to provide coordinated high-quality care to Medicare patients and achieve savings for the Medicare program.
How much did WellSpan Health save in 2023?
WellSpan Health saved $16.5 million in 2023 for its patients and the Medicare program, reflecting significant financial efficiencies in its operations.
What are the goals of an ACO?
The primary goals of an ACO include improving the quality of care, enhancing the patient experience, and reducing overall healthcare costs.
How does WellSpan ensure high-quality care?
WellSpan achieves high-quality care through evidence-based practice, preventive care, and a focus on patient-centered medical home principles.
Who should I contact for more information about WellSpan's programs?
You can contact Ryan Coyle at 717-851-3151 or by email at RCoyle@WellSpan.org for additional inquiries regarding WellSpan’s initiatives.
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