Methodist Health System’s Patient-Centered Accountable Care Organization saved $84 million since 2012, placing it in the top five in the country for ACOs, according to The Centers for Medicare and Medicaid Services.
ACOs have grown in popularity as insurance payers are looking for ways to reduce costs, pushing some of the risk onto the providers in order to incentivize efficiency and reduce unnecessary care. ACO deals are structured so that the provider can share in the savings to Medicare. In 2018, Methodist’s ACO saved more per beneficiary than any other in ACO, at $13 million. It is the first ACO in the region to qualify for shared savings six years in a row.
“We are very proud of our ACO so it’s especially nice to see Methodist recognized at the national level,” says Dr. George Williams, President, Methodist Patient Centered ACO via release. “The ACO is the embodiment of our mission to improve and save lives through compassionate, quality healthcare.”
“Methodist has achieved six years of saving while keeping our quality scores high,” says Dr. Brian Jones, MPCACO Board of Directors via release. “It’s just another reason we are the trusted choice for health and wellness in our community.”
