PatientPing’s national network of Next Generation Accountable Care Organizations (ACO) partners generated over $150 million in savings under the CMS Next Generation ACO for the year 2018.
PatientPing’s national network includes thousands of providers across hospitals, health systems, health plans, post-acute, and other entities, all of which are working together to collaborate with one another on their shared patients.
PatientPing, a Boston, MA-based care collaboration platform announced that its national network of Accountable Care Organizations (ACO) partners generated over $150 million in shared savings under the Centers for Medicare and Medicaid Innovation’s (CMMI) Next Generation ACO Model for 2018. In addition to the Next Generation ACOs, the care collaboration platform’s network includes thousands of providers that participate in numerous value-based care models, including the Medicare Shared Savings Program, Bundled Payments for Care Improvement Advanced (BPCI Advanced), Comprehensive End-Stage Renal Disease Care (CEC) Model among many others.
Over Half of Top 20 ACOs Are Part of PatientPing’s Network
Over half of the top 20 ACOs that earned shared savings in 2018 under the Next Generation ACO Model are part of the PatientPing network. Overall, PatientPing’s network includes more than a quarter of all participating Next Generation ACOs, which generated a total of $151,683,858 in earned shared savings. PatientPing’s national network includes thousands of providers across hospitals, health systems, health plans, post-acutes and other entities, all of which are working together to collaborate with one another on their shared patients.
PatientPing customers that earned shared savings also achieved an average pay-for-performance quality score of 94%. Through PatientPing’s comprehensive suite of solutions, providers participating in the Next Generation ACO Model are able to collaborate with one another on their shared patients through real-time information and critical patient context at the point of care. With access to this timely information, providers are able to reduce total cost of care while improving overall outcomes for the patients they serve.
“It is an honor to support the efforts of our Next Generation ACO partners, as well as those participating in other value-based care programs, to achieve quality improvement outcomes and financial success,” said Jay Desai, CEO of PatientPing. “As additional value-based care models are implemented and existing models continue to evolve, we look forward to supporting their care coordination efforts through our continuously evolving portfolio of products and services.”