TeamHealth launches new value-based care initiative, TeamACO

Pioneering Accountable Care Organization Tailored for Over 17,000 Post-Acute Care Patients Nationwide

TeamHealth, the leading physician practice in the United States, today announced the creation of TeamACO, an accountable care organization dedicated to meeting the distinct healthcare needs of more than 17,000 post-acute care patients across the U.S.

Approved in January by the Centers for Medicare & Medicaid Services as part of the Medicare Shared Savings Program, TeamACO’s focus is collaborative care coordination in post-acute care.

“TeamACO strongly advances TeamHealth’s post-acute care services and furthers our commitment to unsurpassed clinical quality,” Leif Murphy, TeamHealth chief executive officer said. “In addition, leadership in this model of care positions TeamHealth for the future, aligning with CMS's goal for all Medicare beneficiaries to be in an accountable care or value-based program by 2030.”

TeamACO will enhance advance care planning, work to reduce readmissions, and evaluate for gradual dose reductions to optimize long-term health outcomes for thousands of Medicare enrollees in more than 30 states. Leveraging TeamHealth’s strengths across the care continuum, this targeted approach is supported by cutting-edge data analytics that will allow TeamACO to focus on new standards for post-acute care quality and to foster stronger partnerships and shared savings among participating clinicians and partner facilities.

“A pioneer in the post-acute care setting, TeamACO aligns the rewards and incentives of all who contribute to quality care and assists Medicare beneficiaries in getting the care they need in the most appropriate setting,” Darren Swenson, MD, MSHQSM, CPE, president of TeamHealth Post-Acute Care and TeamACO emphasized. “The addition of TeamACO to the framework of current post-acute care services will enhance the success of clinicians in post-acute facilities nationwide. We are looking forward to the future.”

Published on : 05th February, 2024