KANSAS CITY, Mo., Aug. 25, 2020 /PRNewswire-PRWeb/ -- Caravan Health is proud to announce that Lynn Barr, Founder and Executive Chair has been recognized by Modern Healthcare as one of this year's Top 25 Innovators. Modern Healthcare selected its Top 25 Innovators for successfully pioneering scalable and sustainable solutions that are being used to reshape the industry and make healthcare more accessible and affordable.
Caravan Health is the national leader in making quality and cost savings numbers work in value-based payment for over 25,000 providers and 250 community health systems across the nation. Under Barr's leadership, Caravan pioneered the innovative collaborative ACO model, a larger ACO that protects against the normal fluctuations in health care costs, resulting in more consistent savings. Caravan ACOs lead the nation each year, returning more than $108 million in total shared savings to providers, saving Medicare more than $191 million. In 2019, Caravan clients scored more than 95% on MIPS, leading directly to additional Medicare revenue for provider.
"While healthcare always looks for ways to transform, 2020 required more nimble, innovative adaptations than ever before. As communities hunkered down, providers and other industry members quickly found new ways to care for their patients, and they couldn't be afraid to try something new. This year's Top 25 Innovators exemplify the best of those transformations," said Aurora Aguilar, editor of Modern Healthcare. "They put quality first and still looked for ways to improve their work during uncertain times. We congratulate the class of 2020."
For the healthcare industry to truly transform how it operates, innovations must take hold on all levels of an organization. Lynn Barr and Caravan Health are helping health systems and providers make the transition from fee-for-service to value-based, accountable care. "At Caravan Health, we are committed to the development of innovative population health programs that generate new revenue streams, improve outcomes, enhance the lives of patients, and we have a particular focus on the safety net and rural facilities. I am honored to be recognized by Modern Healthcare and congratulate every 2020 recipient for their successful endeavors – collectively, we are making a difference in our nation's healthcare system," commented Lynn Barr.
Each year, Modern Healthcare recognizes healthcare visionaries, original thinkers, and leaders with the well-respected distinction of Top 25 Innovators award. The complete list of winners is featured in the August 24 issue of Modern Healthcare magazine, and profiles of the winners are available at https://www.modernhealthcare.com/awards/top-25-innovators-2020. For information on the Modern Healthcare Top 25 Innovators awards program, contact: Jodi Sniegocki, Education and Events Director at [email protected] / 312-649-5459.
About Caravan Health: Caravan Health helps providers make accountable care work regardless of their size, location, history, or demographics. Caravan Health 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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