))
Caravan Health, the Accountable Care Organization (ACO) with a Proven Model | with CEO Tim Gronniger
Manage episode 311600043 series 3151329
Content provided by Dorian Murariu. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dorian Murariu or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
On this podcast we are always looking for innovative technologies and services that address unmet need in healthcare, expand access to essential and effective healthcare and improve outcomes for both patients and providers. So, we were excited at the opportunity to speak with Tim from Caravan Health!
While ACO’s may not have the appeal of flashy new gadgets from the big-four tech companies, underneath their modest surface is a program with huge potential to impact lives. Accountable Care Organizations are the result of a Centers for Medicare & Medicaid Services (CMS) program aimed at incentivizing the rapid adoption of value-based care. These programs, if implemented effectively and sustainably, could save CMS hundreds of millions, even billions of dollars, by actually expanding healthcare access in both rural and urban communities, all while maintaining high standards of quality care.
Caravan Health has been leading the way in the world of ACO’s and has become a model for others through its proven method that ‘makes the numbers work’. The numbers speak for themselves: 26k providers in their network, 300+ organizations, ~600k attributed Medicare lives, north of $100MM in total shared shaves (and projected to grow, as we learned from Tim in this episode), and 95% average MIPS (quality of care) score in 2019.
Caravan has a suite of solutions and a unique onboarding process that can help new members better manage their patients and also tap into shared savings with greater success than perhaps any other ACO in the industry. This involves a combination nurse-led service delivery, focus on preventive care, tapping into new billing codes and 340b discounts, and a few other key elements in their recipe for success.
We enjoyed speaking with Tim and learning more about ACO’s - and hope you will too!
********
Check out the full episode on our MedTech Trends Youtube Channel here: https://youtu.be/8e_9WeXrZAg
Find out more about the Caravan Health:
Twitter: https://twitter.com/caravanhealth
Facebook: https://www.linkedin.com/company/caravanhealth/
LinkedIn: https://www.youtube.com/channel/UCKOT5Its3ZWDpR4Ut5BMecg
32 episodes
Share
