Earlier than the Facilities for Medicare and Medicaid Companies finalized rules final 12 months that require suppliers to transition to draw back threat, Caravan Well being started consolidating its ACOs. The corporate elevated the variety of beneficiaries in every group and shifted from 38 ACOs to 12. Now, Caravan Well being operates six ACOs overlaying greater than 600,000 Medicare enrollees.
Suppliers taking part in Shared Financial savings Program ACOs will deal with about one-fifth of Medicare beneficiaries this 12 months, in keeping with CMS. ACOs are projected to cowl 11 million individuals this 12 months, in comparison with 10.7 million in 2021 and 11.2 million in 2020.
Summit Healthcare of Present Low, Arizona, and Holy Title Medical Heart in Teaneck, New Jersey just lately joined considered one of Caravan Well being’s ACOs.
“Caravan Well being permits us to take care of our autonomy and handle governance on the native stage whereas being a part of a a lot bigger ACO, growing our possibilities of success in value-based well being care,”, Summit Healthcare CEO Shawn Morrow stated in a information launch.