Becker’s Hospital Review has named the Delaware Valley Accountable Care Organization (DVACO) to their 2017 list of 110 ACOs to Know. The list features a variety of Medicare and commercial payer ACOs, led by hospitals, health systems, physician groups and other organizations, that have experienced success with their quality metrics.
“We are honored to be included as one of Becker’s 110 ACOs to Know,” says Katherine Schneider, MD, President of the DVACO. “Since its inception, the DVACO has enrolled more than 200,000 patients who are receiving coordinated care as part of our multi-health system joint venture. DVACO has also become one of the largest ACOs in the country and has experienced tremendous success as one of the top performing ACOs under the Medicare Shared Savings Program. As we continue to grow, DVACO will remain serving as a catalyst for change in the Philadelphia region on how to help providers come together as more than the sum of their parts in their journey from volume to value.”
The Becker’s Healthcare editorial team selected ACOs for inclusion based on quality and cost performance, advanced tracks of the Medicare Shared Savings Program and the innovative nature of commercial agreements. ACOs are presented in alphabetical order and are either listed by formal name of the ACO or, if the organization has several contracts, by the name of the health system or provider group associated with those ACOs. The full list can be read here: http://www.beckershospitalreview.com/lists/110-acos-to-know-2017.html.
About the Delaware Valley Accountable Care Organization (DVACO)
The Delaware Valley Accountable Care Organization (DVACO) is a limited liability company that is owned by Main Line Health and Jefferson Health, serving the Greater Philadelphia region. DVACO’s purpose is to enhance the quality of health care and reduce the growth rate of health care costs by acting as a convener, accelerator, and provider of the foundation needed to assist its participating members to transition from fee for service, a business model focused on volume, to a model focused on population health.
DVACO operates under the Medicare Shared Savings Program (MSSP) through an agreement with the Centers for Medicare and Medicaid Services (CMS). Currently DVACO is the region’s largest Medicare ACO with more than 2,000 physicians and 90,000 Medicare fee-for-service beneficiaries. Additionally, DVACO currently holds three performance-based contracts with private payers as well as the employees and dependents of its owners —enhancing DVACO’s total number of beneficiaries to above 250,000—a number that will likely increase in the future as DVACO participates with additional insurance payers in population health contracts.
About Becker’s Hospital Review
Becker’s Hospital Review is a monthly publication offering up-to-date business and legal news and analysis relating to hospitals and health systems. Articles are geared toward high-level hospital leaders, and we work to provide valuable information, including hospital and health system news, best practices and legal guidance specifically for these decision-makers. Each issue of Becker’s Hospital Review reaches more than 18,000 people, primarily acute care hospital CEOs, CFOs and CIOs.