Earlier this week, U.S. Secretary of Health & Humans Services (HHS) Kathleen Sebelius announced that 32 leading health care organizations from across the country will participate in a new Pioneer Accountable Care Organizations (ACOs) initiative made possible by the Patient Protection & Affordable Care Act. Included in that group are three New England Council members:
According to HHS, the Pioneer ACO initiative will encourage primary care physicians, specialists, hospitals and other caregivers to provide better, more coordinated care for Medicare subscribers. The agency estimates that the initiative could save up to $1.1 billion over five years.
Under the initiative, which is operated by the Centers for Medicare & Medicaid Services (CMS) Innovation Center , Medicare will reward groups of health care providers that have formed ACOs based on how well they are able to both improve the health of their Medicare patients and lower their health care costs.
Congratulations to these three NEC members on their selection for this initiative!
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