Few organizations are broadly better positioned to discuss the necessary elements for ACO success than Premier’s Population Health Management Collaborative, (PHMC) an initiative from the Charlotte, N.C.,-based Premier that helps hundreds of hospitals and tens of thousands of clinicians work together to align, measure and improve population health.
In the MSSP for 2019, 75 percent of Premier’s Population Health Management Collaborative ACOs earned savings for the government. Of those, 44 percent performed well enough to qualify for shared savings payments from Medicare.
Since 2012, there have been 18 ACOs across the country that have been able to generate shared savings every single year of the program, and the PHMC works with three of them.
Seth Edwards, vice president of strategy, innovation and population health at Premier, and the leader of the Premier PHMC, says common ACO success attributes among those on the leading edge include being physician-led and professionally managed. “If you're going to make wholesale changes to clinical workflow and the approach that is going on across the continuum, you certainly need clinicians as leaders—physician leaders and nurse leaders—to be the champions to drive the work that they're doing.”
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