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The National
Rural Accountable Care Consortium has successfully formed five
additional ACO's in 2015 for rural providers following in the steps of
the first rural ACO started in 2014. Using the Consortium's unique
collaborative model, fifty-two entities, including 28 rural and critical
access hospitals, 42 rural health clinics, 12 federally qualified health
centers and 9 private physician practices in thirty rural health systems
were able to afford and qualify for the Medicare Shared Savings Program.
More than 65,000 attributed Medicare beneficiaries from the states of
Texas, California, Washington, Iowa, Indiana, Missouri, Oregon, Illinois
and Michigan are now benefitting from the program under the care of
1,300 clinicians. The key economic issues that affect rural providers are that they are low volume with high fixed costs and little or no operating margin and are almost wholly dependent on Federal payments. They constantly struggle to survive, have very limited cash reserves and are totally dependent on Federal payments, which provide no margin for error or “rainy days.” The effect of small cuts to their payments in the past few years has resulted in a record number of closures. Please join the National Rural Accountable Care Consortium's Lynn Barr on Wednesday, March 11th, 2015 at 1PM Eastern as she discusses the 2014 experience of their initial rural ACO, was well as their approach and initiatives going forward in the Healthcare Web Summit event: Rural Accountable Care Initiatives: The National Rural Accountable Care Consortium Approach. Click here for detailed information and to register or call 209.577.4888. |
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