Could Care Coordination Drive Monopolization?

Some say accountable care organizations will allow hospitals and health systems to monopolize markets, while others predict ACOs will increase competition.

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A few years ago, Nashville, Tenn.-based Saint Thomas Health found itself facing an increasingly difficult environment in the midst of major changes and mounting financial pressures for healthcare providers. As a result, in January 2012, the health system founded MissionPoint Health Partners, a clinically integrated health network that aims to provide patient-centered, coordinated care while improving quality and lowering costs.

After six months of operating as an accountable care organization, MissionPoint joined the Medicare Shared Savings Program. The ACO experienced more than 12 percent savings for the first 15,000 lives it managed, and as of October it had grown to 80,000 members, according to Saint Thomas CEO Mike Schatzlein, MD.

To read the rest of the article, visit Becker’s Hospital Review.

 

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