– The Ochsner Accountable Care Network reduces the cost of care by $12.87M for over 24,000 Medicare beneficiaries, representing 81% increase in savings per beneficiary and a 12% increase in total savings in 2018.
– Development of Outpatient Complex Case Management and MedVantage Clinics was one of the efforts that contributed to the savings.
The Ochsner Accountable Care Network, LLC (OACN) is pleased to report its 2018 savings results, which include a reduction in the expected cost of care by more than $12.87M for over 24,000 Medicare beneficiaries. The 2018 savings represented an 81% increase in savings per beneficiary and a 12% increase in total savings over 2017, resulting from collaboration and development of programs focused on benefiting patients and improve the overall health of the region.
ACOs are groups of physicians, hospitals and other healthcare providers who come together voluntarily to provide coordinated, quality care to Medicare patients. Founded in 2013, OACN is an Accountable Care Organization (ACO) that consists of more than 2,500 providers in Louisiana and Mississippi. OACN’s team includes Ochsner employed and community providers in New Orleans, Baton Rouge, St. Tammany Parish, Houma and South Mississippi.
Efforts that contributed to these significant savings include:
– Development of Outpatient Complex Case Management and MedVantage Clinics, which support patients facing chronic and complex health issues and enhance access to resources to get them healthier.
– Conducting proactive patient outreach focused on encouraging patients to see a primary care physician before health issues develop.
– Leveraging Ochsner’s Digital Medicine programs, including digital hypertension, to help patients manage health conditions from the comfort of home.
– Utilization of Epic EHR platform which improves care coordination and allows patients to have better access to their own health information.
– Successfully transitioning hospitalized patients back home or to post-acute care settings, ensuring they have the resources and care needed to get well.
“We are relentless about finding innovative ways to improve quality of care, reduce costs for our patients and improve the overall health of the communities we serve,” said Dr. David Carmouche, President of the Ochsner Health Network and Executive Director of OACN. “As the healthcare landscape continues to evolve, our network of providers and partners is leveraging resources, technology and best practices to create better patient experience and outcomes.”