DVACO Selected as one of 79 Renewing Medicare Shared Savings Program ACOs

The Delaware Valley Accountable Care Organization (DVACO) was selected as one of 79 renewing Medicare Shared Savings Program ACOs, providing Medicare beneficiaries with access to high-quality, coordinated care across the United States, CMS announced today. Beginning January 1, 2017, a total of 480 Shared Savings Program ACOs are serving over 9 million assigned beneficiaries. “DVACO has become one of the largest ACOs in the country and has experienced tremendous success in both high quality and smarter spending,” says Katherine Schneider, MD, President of the DVACO. “We are honored to have been selected once again to continue our mission of transforming the care delivery model in the Philadelphia region and beyond.” Today, the Centers for Medicare & Medicaid Services (CMS) announced over 359,000 clinicians are confirmed to participate in four of CMS’s Alternative Payment Models (APMs) in 2017. Clinicians who participate in APMs are paid for the quality of care they give to their patients. APMs are an important part of the Administration’s effort to build a system that delivers better care and one in which clinicians work together to have a full understanding of patients’ needs. APMs also strive to ensure that patients are in the center of their care, and that Medicare pays for what works and spends taxpayer money more wisely, resulting in a healthier country. “By listening to physicians and engaging them as partners, CMS has been able to develop innovative payment reforms that bring physicians back to the core practice of medicine – caring for the patient,” said Acting Administrator, Andy Slavitt. “By reducing regulatory burden and paying for quality, CMS is offering solutions that...