Adirondacks ACO has been selected as one of 123 new ACOs in Medicare

News Release — Adirondacks ACO
Jan. 16, 2014

Contact:
Michele Powers
518.563.1000

More partnerships between doctors and hospitals strengthen coordinated care for Medicare beneficiaries
123 New Accountable Care Organizations Join Program to Improve Care for Medicare beneficiaries

[Plattsburgh, NY] – Adirondacks ACO has been selected as one of 123 new Accountable Care Organizations (ACOs) in Medicare, providing approximately 1.5 million more Medicare beneficiaries with access to high‐quality, coordinated care across the United States, Health and Human Services (HHS) Secretary Kathleen Sebelius announced today.

Doctors, hospitals and health care providers establish ACOs in order to work together to provide higher‐ quality coordinated care to their patients, while helping to slow health care cost growth. Since passage of the Affordable Care Act, more than 360 (ACOs) have been established, serving over 5.3 million Americans with Medicare. Beneficiaries seeing health care providers in ACOs always have the freedom to choose doctors inside or outside of the ACO. ACOs share with Medicare any savings generated from lowering the growth in health care costs when they meet standards for high quality care.

“Accountable Care Organizations are delivering higher‐quality care to Medicare beneficiaries and are using Medicare dollars more efficiently,” Secretary Sebelius said. “This is a great example of the Affordable Care Act rewarding hospitals and doctors that work together to help our beneficiaries get the best possible care.”

The ACOs must meet quality standards to ensure that savings are achieved through improving care coordination and providing care that is appropriate, safe, and timely. The Centers for Medicare & Medicaid Services (CMS) evaluates ACO quality performance using 33 quality measures on patient and caregiver experience of care, care coordination and patient safety, appropriate use of preventive health services, and improved care for at‐risk populations.

The new ACOs include a diverse cross‐section of healthcare providers across the country including providers delivering care in underserved areas. More than half of all ACOs are physician‐led organizations that serve fewer than 10,000 beneficiaries. Approximately one in five ACOs include community health centers, rural health clinics, and critical access hospitals that serve low‐income and rural communities.

Affordable Care Act provisions have a substantial effect on reducing the growth rate of Medicare spending. Growth in Medicare spending per beneficiary hit historic lows during the 2010 to 2012 period, and this trend has continued into 2013. Projections by both the Office of the Actuary at CMS and by the Congressional Budget Office estimate that Medicare spending per beneficiary will grow at approximately the rate of growth of the economy for the next decade, breaking a decades‐old pattern of spending growth outstripping economic growth.

More information about the Shared Savings Program is available at
https://www.cms.gov/Medicare/Medicare‐Fee‐for‐Service‐ Payment/sharedsavingsprogram/index.html?redirect=/sharedsavingsprogram/
For a list of the 123 new ACOs announced today, visit: http://www.cms.gov/Medicare/Medicare‐Fee‐ for‐Service‐Payment/sharedsavingsprogram/Downloads/2014‐ACO‐Contacts‐Directory.pdf

Comments

  1. James W Hubschman Jr :

    What happened to the electronic Med. records? They had the same goals.

  2. I understand the Adirondack-ACO medical doctors and hospitals will share my medical information and that is ok. Will Adirondack – ACO share my medical information with the State or Federal government? If they do, I do not want any part of this Adirondack-ACO………..period!

    • Charles Goodman :

      If you are a Medicare patient, the federal government already has your medical information since they are paying for your care. In the case of an ACO, the federal government is actually sharing the information they already have on you with your personal physician.

  3. Margaret deGrandpre" :

    instead of doctors being reimbursed by Medicare on a Fee For Service plan, isn’t it true doctors will be paid from Medicare by NOT ordering tests or admitting patients to a hospital? This is how costs will be cut.

Comments

*

Annual fundraising appeal: If we had a dollar for every comment, we could end this annual fund drive now. Donate now.
Comment policy Privacy policy
Thanks for reporting an error with the story, "Adirondacks ACO has been selected as one of 123 new ACOs in Medicare"