Oak Brook, IL (PRWEB) July 20, 2012
Today, leaders from Advocate Health Care, the nation’s largest commercial Accountable Care Organization (ACO), released its year-one results from its landmark shared savings model, AdvocateCare to Congressional Staff members in Washington D.C.
The results show that Advocate through AdvocateCare is bending the cost curve and has seen significant improvements in clinical outcomes including lower readmission rates, improvements in length of stay, reduced costs and better coordinated care. Earlier this month, Advocate was selected to participate in the Medicare Shared Savings Program (MSSP) ACO, a multifaceted new program sponsored by the Centers for Medicare and Medicaid Services (CMS).
Through the MSSP, Advocate will work with CMS to provide Medicare fee-for-service beneficiaries with high quality service and care, while reducing the growth in Medicare expenditures through enhanced care coordination.
“Our keen focus on care coordination, prevention, early detection and education is ensuring our patients receive the right care, at the right time and at the right place,” said Lee Sacks, MD, executive vice president and chief medical officer, Advocate Health Care. “We look forward to working together with CMS to ensure millions of people with Medicare get better, more patient-centered, coordinated care.”
Advocate’s entry into the MSSP will extend the benefits it’s seen from its shared savings model to thousands of Medicare patients. In fact, it is estimated that 2.4 million Medicare recipients will receive better and more coordinated as a result of the 89 new ACOs announced by CMS.
About Advocate Health Care
Advocate Health Care, one of the nation’s top health systems based on clinical performance, is the largest health system in Illinois and one of the largest health care providers in the Midwest. Advocate operates more than 250 sites of care, including 10 acute care hospitals, two integrated children’s hospitals, five Level I trauma centers (the state’s highest designation in trauma care) and two Level II trauma centers, one of the area’s largest home health care companies and one of the region’s largest medical groups. Advocate Health Care trains more than 2,000 residents, medical students and fellows at its three major teaching hospitals. As a not-for-profit, mission-based health system affiliated with the Evangelical Lutheran Church in America and the United Church of Christ, Advocate contributed $571 million in charitable care and services to communities across Chicagoland and Central Illinois in 2011.