ACO Success Relies on Population Health Management Tools

Accountable care organizations need to develop a robust population health management infrastructure to achieve savings and improve the quality of care.

    
 By Jennifer Bresnick

 

 - Healthcare providers who wish to succeed as accountable care organizations have to address a lengthy checklist of tasks, strategies, and technologies long before they can hope to accrue shared savings from Medicare or a private payer. 

Accountable care organization and population health management technology

Developing the partnerships and population health management techniques to stratify patients, communicate effectively, meet demanding quality measures, and slash costs can be a difficult journey – and one that is nearly impossible without a robust health IT infrastructure to form a solid foundation of data-driven insights.

South East Michigan Accountable Care (SEMAC), a physician-owned participant in the Medicare Shared Savings Program (MSSP), has learned that data analytics and population health management technologies are a smart investment for success in the challenging environment of value-based care.

As a large provider group entering its second three-year stint as a Track 1 MSSP ACO, Executive Director Anthony Vespa is hoping that SEMAC will continue to leverage its evolving health IT programs to accrue additional shared savings in the future.

“We saved $24 million in our first year in 2012, which led to a performance bonus of $12 million,” Vespa said to HealthITAnalytics.com in an interview. 

READ MORE: Patient Engagement, Population Health Are Key to ACO Success

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