KANSAS CITY, Mo., Feb. 26, 2020 /PRNewswire-PRWeb/ -- Today, Caravan Health announced that it will host a live webinar on Wednesday, March 4 to provide a progress report on the first year of the nation's largest-ever accountable care organization (ACO). During this event, Caravan Health and its customers will share their unique approach to mitigating typical variances in ACO savings and losses.
Many Medicare Shared Savings Program (MSSP) participants see unreliable financial performance despite having the right processes in place. For most providers, the missing piece is scale. In 2019, Caravan Health pioneered the collaborative ACO model to help providers achieve consistent and predictable results. Today, the Caravan collaborative ACO supports approximately 235,000 attributed Medicare lives, allowing participating providers to achieve scale without losing autonomy.
According to Tim Gronniger, Caravan Health CEO and President, "It's been a remarkable first year and we're thrilled to share an early look at the results. This first-of-its-kind ACO is on track to deliver impressive savings. With more covered lives than any other ACO, these results demonstrate that our methodologies and implementation of scale are the keys to ACO success."
During the webinar, Dr. Karna Patel, Associate Medical Director of Tampa Medical Group, and Lori Kelley, Senior Director of Quality Yakima Valley Farm Workers Clinic, will discuss their organization's experience in the collaborative model.
Yakima Valley Farm Workers Clinic has seen significant positive results since joining the Caravan-supported ACO. The Clinic went from a zero percent annual wellness visit rate to more than 40 percent within one year of joining the collaborative. This is just one of many such examples.
According to Lori Kelley, "In the collaborative ACO, our organization receives the support, resources, and data necessary to fuel our own internal efforts toward creating a culture of health in the communities we serve. Partnering with Caravan Health provided additional support in exceeding our quality goals in one year."
Caravan Health and its customers will share more ACO successes and discuss how providers can transform care delivery, improve patient outcomes, and increase revenue streams. To learn more, register for the live webinar event on March 4 at 9am PT/12pm ET.
About Caravan Health:
Caravan Health helps providers make accountable care work regardless of their size, location, history, or demographics. Caravan gives community health systems and providers a way to create more scale, drive more change, and generate more revenue. The 250+ health systems who have turned to Caravan achieved single-year savings greatly exceeding the national average. Health systems and providers across the country are using our proven population health programs to ensure better outcomes for their patients every day. With Caravan Health, now the numbers work. For more information visit http://www.caravanhealth.com.
SOURCE Caravan Health
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