Reid Prepares to Become ACOPosted: Updated:
Reid Hospital & Health Care Services and Reid Physician Associates are working towards a key accreditation. Reid has joined the National Rural Accountable Care Organization Consortium to become a Medicare ACO.
December 15, 2014
Richmond, Ind. - Reid Hospital & Health Care Services and Reid Physician Associates (RPA) have joined an innovative program to help our patients maintain their health and improve access to our services.
The new program is called the National Rural Accountable Care Organization Consortium (NRACO), which, as the name states, is tailored especially for rural areas like those served by Reid and RPA. The Consortium will help Reid and RPA work with our medical community and with Medicare patients to help ensure that they are given the right care, at the right time, in the right place.
Part of this new process will be to add additional care coordinators who will work closely with doctors and community resources to assist patients stay healthy, secure care when needed, avoid repetitive tests, and navigate the health care system.
The NRACO creates Accountable Care Organizations (ACOs) in rural areas to permit health care organizations to participate in the Medicare Shared Savings Program. Our goal is to manage the costs of providing care in a more efficient way while achieving the highest levels of quality, customer service, and patient satisfaction.
Program activities include setting up advanced care coordination programs to provide additional services to the most vulnerable patients, and promotion of population health and wellness.
Reid is already undertaking activities to prepare to become a Medicare ACO. Medicare patients may hear from a primary care provider who would like to schedule a free Annual Wellness Visit (no copay).
More information about the Medicare Shared Savings Program is available at https://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/sharedsavingsprogram/
Source: Reid Hospital & Health Care Services