Three Quarters of ACOs in Premier’s Population Health Management Collaborative Achieve Savings for Medicare.
Population Health Management Collaborative (PHMC) Medicare ACOs have consistently outperformed peers in achieving shared savings since the start of the various Medicare ACO programs in 2012.
Representing just 7% of participants, Premier Medicare ACOs have reduced spending by more than $665 million since 2012.
Access benchmarking analytics from 1.3 million Medicare beneficiaries.
The PHMC approach condenses the learning curve for organizations to improve care delivery, quality and efficiency; enhance the patient experience; generate higher margins; and optimize hospital-clinician alignment while advancing toward population health management success.
Premier has played a big role in our success. When we implement their recommendations, we get excellent results.
Organizations can visualize their ACO populations’ cost and medical utilization by key service categories compared to national and well-managed benchmarks. This allows them to effectuate change faster within their ACO at the facility and beneficiary levels. Additionally, the platform allows groups to quickly stratify their opportunities and measure ROI so they can focus on the areas with the greatest potential return.
Premier has improved our analytics and performance metrics considerably. We have seen improved engagement and retention with employees because of our improved transparency into performance.
Achieving the improvements necessary to reach financial success is difficult work. It requires aligned incentives, standardized processes, a high-value and committed provider network, and robustanalytics.