INDIANAPOLIS – Franciscan Alliance and American Health Network have forged an agreement in accord with Centers for Medicare and Medicaid (CMS) which will serve more patients with top-notch, timely care, while reducing Medicare costs through closer coordination of services.
The Franciscan AHN Accountable Care Organization is among the first selected nationally to participate in the Medicare Shared Savings Program, a new multifaceted service sponsored by CMS.
“As being among the first health-care organizations to be selected in Indiana under the Shared Savings Program, our ACO advances our goal of providing better access, better treatment and better value for the patients we serve,” said Robert J. Brody, president and CEO for Franciscan St. Francis Health, which is a member of Franciscan Alliance. “Our ACO signals our steadfast, common commitment to health care options which are second to none.”
“Since our formation we have focused on prevention and management of chronic disease,” said Ben Park, MD, president and CEO of American Health Network.” We are thrilled that the federal government, through the ACO program has recognized the value this focus brings to patients.”
The new ACO is expected to reach an estimated 28,000 Medicare patients in Indiana, providing primary and a variety of specialty care services.
The Franciscan AHN ACO has what is described as the “Triple Aim” goal: to achieve better population health, provide higher quality of treatment and reduce the costs of care. That goal can be achieved through a team-based approach:
Nationally, 116 ACOs have entered into Shared Savings Program agreements with Medicare.
The Franciscan AHN ACO is not the first time Franciscan Alliance has taken the lead on forming an ACO.
In December 2011, the organization was the first in Indiana – and one of only 32 nationally – to be selected by Medicare to participate in the Pioneer Accountable Care Organization (ACO) model. That model currently serves more than 22,000 patients throughout central Indiana.
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