DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE:THC) is one of only 39 organizations
nationwide selected to participate in the Centers for Medicare and
Medicaid Services’ (CMS) Transforming Clinical Practice Initiative. This
initiative represents one of the largest federal investments helping
physicians and other clinical professionals improve healthcare delivery
through nationwide, collaborative, and peer-based learning groups called
Practice Transformation Networks.
Tenet’s practice transformation program will be implemented alongside
its clinically integrated physician networks in Detroit, Philadelphia,
and El Paso, Harlingen and Brownsville, Texas. Through the program,
Tenet will receive up to $5.2 million over four years to provide
resources to nearly 1,000 affiliated clinicians in predominately
underserved communities. The funding will assist with provider education
on clinical and population health best practices, support the transition
to value-based payment models, and achieve common goals of improved
care, better health, and reduced cost.
“Supporting doctors and other healthcare professionals as they change
the way they work is critical to improving quality and spending
healthcare dollars more wisely,” said Health and Human Services
Secretary Sylvia Burwell. “These awards will give patients more of the
information they need to make informed decisions about their care and
give clinicians access to information and support to improve care
coordination and quality outcomes.”
Since 2009, Tenet’s hospitals have been at the forefront of exploring
new Medicare payment models. Currently, Tenet’s hospitals participate in
one Pioneer Accountable Care Organization (ACO) and six Medicare Shared
Savings Program ACOs. In 2016, the company plans to expand participation
to include seven new markets, bringing the total number of Medicare
beneficiaries to 170,000. Earlier this year, Tenet’s Detroit Medical
Center Michigan Pioneer ACO was recognized as the most successful
Pioneer ACO in 2014 for benchmark savings improvement.
“This grant will support Tenet’s holistic approach to addressing
preventive and disease management, helping patients navigate the
healthcare system more efficiently and improving the health and
well-being of the communities our physicians and hospitals serve,” said
Clint Hailey, Tenet’s chief managed care officer. “We are very pleased
that CMS recognized our commitment to innovative healthcare models and
we look forward to using the funding to advance clinically integrated
care.”
For more information on the Transforming Clinical Practice Initiative,
please visit: http://innovation.cms.gov/initiatives/Transforming-Clinical-Practices/.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare services
company with more than 125,000 employees united around a common mission:
to help people live happier, healthier lives. Through its subsidiaries,
partnerships and joint ventures, including United Surgical Partners
International (USPI), the company operates 83 general acute care
hospitals, 19 short-stay surgical hospitals and over 425 outpatient
centers in the United States, as well as nine facilities in the United
Kingdom. Tenet’s Conifer Health Solutions subsidiary provides
technology-enabled performance improvement and health management
solutions to hospitals, health systems, integrated delivery networks
(IDN), physician groups, self-insured organizations and health plans.
For more information, please visit www.tenethealth.com.
The terms "THC", "Tenet Healthcare Corporation" or “Tenet” refer to
Tenet Healthcare Corporation or one or more of its subsidiaries or
affiliates as applicable.
