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Kenya Woodruff in Dallas Business Journal: New Methodist ACO Could Generate Savings
A new health care delivery model set up by Methodist Health System in Dallas could generate $20 million or more a year in savings and move North Texas forward in the national movement to restructure medical reimbursement, proponents say.
Methodist Health System’s accountable care organization, called Methodist Patient-Centered ACO, is among 89 ACOs nationwide selected to participate in the Medicare Shared Savings Program, which offers financial incentives for health care providers who find ways to cut medical costs and improve patient care.
It was the only ACO selected for the program in the Dallas-Fort Worth area and one of five selected in Texas. The ACO selections were announced July 9...
“ACOs will be integral as we move in our reimbursement structure from just compensating for volume to compensating for quality,” said Kenya Woodruff
, a health care regulatory attorney with Dallas-based Haynes and Boone, LLP.Excerpted from Dallas Business Journal, July 20, 2012. To view full article, click here (subscription required).