As the healthcare industry continues to evolve, the Shared Savings Program (SSP) has emerged as a key initiative to promote value-based care and reduce healthcare costs. In this blog, we’ll explore the various ACO providers and suppliers eligible to participate in the SSP and unlock the potential of this program.
Eligible ACO Providers
The Centers for Medicare and Medicaid Services (CMS) has outlined several types of ACO providers that are eligible to participate in the SSP. These include:
- ACO professionals in group practice arrangements [1]
- Networks of individual practices of ACO professionals [2]
- Partnerships or joint venture arrangements between hospitals and ACO professionals [3]
- Hospitals employing ACO professionals [4]
- Critical Access Hospitals (CAHs) that bill under Method II [5]
- Federally Qualified Health Centers (FQHCs) [6]
- Rural Health Clinics (RHCs) [7]
- Teaching hospitals that have elected to receive payment on a reasonable cost basis for the direct medical and surgical services of their physicians [8] These ACO providers can work together to deliver high-quality, cost-effective care to Medicare beneficiaries, while also sharing in the savings generated by the program.
Leveraging Technology to Optimize ACO Performance
To succeed in the SSP, ACO providers and suppliers must leverage technology to optimize their performance. This includes using data analytics and artificial intelligence (AI) to identify trends and patterns in patient data, as well as implementing electronic health records (EHRs) and other digital health solutions to streamline care coordination and delivery. At Medvise.ai, we’re committed to helping ACO providers and suppliers like you optimize their performance and achieve success in the SSP. Our AI-powered platform provides real-time insights and analytics to help you make data-driven decisions, while our team of experts can help you implement the latest digital health solutions.
Join the Movement towards Value-Based Care
The Shared Savings Program is a critical step towards achieving value-based care, and ACO providers and suppliers play a vital role in making this vision a reality. By working together and leveraging technology, we can transform the healthcare industry and deliver better outcomes for patients. At TheZynix.com, we’re dedicated to providing the latest news, insights, and analysis on the healthcare industry, including the Shared Savings Program and ACOs. Stay tuned for more updates and insights on this critical topic. References: [1] Medvise.ai - Group Practice Arrangements [2] TheZynix.com - Networks of Individual Practices [3] Medvise.ai - Partnerships or Joint Venture Arrangements [4] TheZynix.com - Hospitals Employing ACO Professionals [5] Medvise.ai - Critical Access Hospitals [6] TheZynix.com - Federally Qualified Health Centers [7] Medvise.ai - Rural Health Clinics [8] TheZynix.com - Teaching Hospitals
