CHA ACO, LLC, improves care for Medicare patients, saves Medicare $4.3 million
CHA Accountable Care Organization (ACO), LLC, operated by Beacon Health System, improved care for nearly 12,000 Medicare beneficiaries in Indiana and southwest Michigan in 2022, according to the Centers for Medicare & Medicaid Services.
As part of the Medicare Shared Savings Program, accountable care organizations that meet quality and cost goals are authorized to receive a portion of the savings they produce for Medicare beneficiaries. CHA ACO saved Medicare $4.3 million, earning the South Bend-based ACO $3.2 million in a shared savings bonus in 2022. Some of these savings will be reinvested in new technologies and ongoing care coordination efforts.
“Since joining the MSSP program in 2014, Beacon Health has had a relentless focus on working together with the providers to concentrate on patient care to increase quality and reduce costs,” said Diane Maas, Chief Strategy and Digital Growth Officer at Beacon Health. “ACOs like ours are measurably improving care and saving money while maintaining patient choice of Medicare providers.”
Clinicians and providers share best practices to coordinate the care beneficiaries receive from different primary care and specialty providers and to prevent health issues and repeat hospitalizations. Maas said CHA ACO also focuses on ensuring smooth patient transitions from the hospital to home, or to a nursing home, if needed.
In 2022, CHA ACO included Memorial Hospital of South Bend, Elkhart General Hospital, Community Hospital of Bremen, Beacon Medical Group and many hospital-based providers who serve Indiana and southwest Michigan. CHA ACO initially joined the Medicare Shared Savings Program in 2014 and since that time saved Medicare almost $25 million. CHA ACO has received nearly $14 million in shared savings payments.
“The Medicare ACO Shared Savings Program is the largest value-based payment model in the country and a critical tool in moving Beacon Health System toward better value,” Maas said. “This is the ninth year our CHA ACO has participated in the program and the fourth consecutive year it has received shared savings.”