The ACO Playbook: Lessons Learned From Successful Early Adopters
BOSTON, May 9, 2014 /PRNewswire/ -- The Massachusetts Hospital Association (MHA), Beth Israel Deaconess Care Organization (BIDCO), and The Geneia Institute jointly announced their participation in a webinar on May 13th, The ACO Playbook: Lessons Learned from Successful Early Adopters.
"Massachusetts has one of the highest concentrations of accountable care organizations (ACOs) in the country, and is home to five of the 32 Pioneer ACOs chosen by Medicare to lead the nation, including some of the most successful Pioneer ACOs nationally," said Lynn Nicholas, MHA's President & CEO. "We're pleased to share lessons learned in Massachusetts with hospitals and healthcare systems around the country."
Attendees of the webinar can expect to learn how to operationalize an ACO and about BIDCO's experience launching and maintaining its successful ACO, as well as future trends and challenges.
"At Beth Israel Deaconess Care Organization, we fully embraced the opportunity to become a Pioneer ACO," said Richard A. Parker, MD, BIDCO Chief Medical Officer. "To get started, we focused our efforts in four areas: information technology, clinical infrastructure, culture & leadership, and physician–hospital collaboration, and as a result, created an environment where physicians and hospitals can work collaboratively to enhance patient experience, improve care quality, and reduce costs."
"BIDCO is one of nearly 600 ACOs created by hospitals and physician groups in the five years since the passage of the Affordable Care Act. At The Geneia Institute, we know that success as an ACO requires a new approach to just about everything, especially population health management, care coordination, and performance measurement and management," said Heather Lavoie, President of The Geneia Institute. "During the May 13th webinar, we'll share the critical factors that drive success as an ACO."
To register for the May 13th webinar, see bit.ly/acowebinarmay13.
ABOUT MASSACHUSETTS HOSPITAL ASSOCIATION
The Massachusetts Hospital Association (MHA) is a voluntary, not-for-profit organization comprised of hospitals and health systems, related organizations, and other members with a common interest in promoting the good health of the people of the Commonwealth. Through leadership in public advocacy, education, and information, MHA represents and advocates for the collective interests of its members and supports their efforts to provide high quality, cost effective and accessible care. For more information, see www.mhalink.org.
ABOUT BETH ISRAEL DEACONESS CARE ORGANIZATION
Beth Israel Deaconess Care Organization (BIDCO) is a value-based, physician and hospital network and an Accountable Care Organization (ACO). With its corporate office located in Westwood, MA, BIDCO offers physician groups and hospitals the structure to contract, share risk, and build care management systems together, with the goal of providing the highest quality care in the most cost-efficient way. To deliver value to patients, commercial payors, and government, BIDCO leverages the shared skills of more than 2,100 primary care physicians (PCPs) and specialists and numerous community hospitals. BIDCO has a tertiary affiliation with Beth Israel Deaconess Medical Center. BIDCO was an early adopter of merging global budget accountability with the delivery of high-quality care, and is one of the Pioneer ACOs contracted with the Centers for Medicare and Medicaid Services. For more information, visit www.bidco.org.
ABOUT THE GENEIA INSTITUTE
The Geneia Institute was created by Geneia to provide virtual and in-person skills-based education in population health, care coordination, and other emerging models of healthcare delivery to clinicians and other health are professionals.
Geneia is a healthcare innovations company specializing in the development and deployment of clinical, analytic, and technical solutions for healthcare. Our staff has significant experience in all aspects of healthcare and includes 100 nurses and physicians as well as dietitians, social workers, and health educators. Geneia helps hospitals, physicians, health plans, brokers, employers, and their employees succeed in the post healthcare reform environment. For more information, visit www.geneiainstitute.com.