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:
- Improved care coordination
- Reduced waste
- Internal process improvements
- Informed patient choices
- Chronic disease management
- Point-of-care reminders and best practices through health information technology and electronic medical record data-sharing
- Actionably, timely data
- Creation of partnerships across the care continuum (prevention, acute and post-acute)
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.
With hospitals in Indianapolis, Mooresville and Carmel, Franciscan St. Francis Health is a member of Franciscan Alliance, which operates 14 hospitals in Indiana and Illinois. Franciscan Alliance provides care for 3 million outpatient visits and more than 100,000 inpatient discharges every year with the most effective medical treatments and innovative technology. Franciscan Alliance, one of the largest Catholic health-care systems in the Midwest, employs 18,200 co-workers and has more than 3,300 affiliated physicians – both primary care and specialists – serving nearly 4 million people in the system’s service areas. To learn more about Franciscan Alliance and Franciscan St. Francis Health, go to www.franciscanalliance.org
American Health Network
American Health Network is Indiana's largest physician-owned group practice with over 70 offices and more than 200 primary care physicians and specialists in Indiana and Ohio. The organization is driven with the visionary purpose of providing high-quality, cost-effective care, supported by a robust electronic infrastructure in our quest to provide exceptional care to our patients. For more information, visit www.ahni.com
Posted by Media Relations Manager-Joe Stuteville at 7/17/2012 11:03:00 AM