DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation’s (NYSE: THC) Michigan Pioneer Accountable
Care Organization (ACO) generated an estimated savings of nearly $17
million in its third performance year, making it the most successful
Pioneer ACO in 2014 for benchmark savings improvement.
The Michigan Pioneer ACO is affiliated with Tenet’s Detroit Medical
Center and is one of only 19 organizations nationally participating in
the Centers for Medicare and Medicaid Services (CMS) accountable care
initiative. This initiative is designed to achieve CMS’s “triple aim” of
providing more coordinated care to Medicare beneficiaries at a lower
cost to the Medicare program, while achieving rigorous quality
standards. The Michigan Pioneer ACO yielded nearly $39 million of
savings over a three-year period, during which time the ACO also
experienced consecutive year-over-year improvement in quality results.
“The focus of our Michigan Pioneer ACO is to improve care transitions
and care coordination, supported by efforts to ensure patients see their
primary care physician within seven days after hospital discharge and
encouraging every patient to see their primary care physician for their
Medicare annual wellness visit,” said Joe Mullany, chief executive
officer of Detroit Medical Center. “This program demonstrates DMC’s and
Tenet’s long-standing commitment to improving the health of our patients
and the delivery of healthcare services to our communities.”
More than 20,000 Medicare beneficiaries receive their care from
providers in the Michigan Pioneer ACO. Improved access to services,
including preventive medical care, is facilitated by physicians
participating within the ACO and is achieved through enhanced
coordination and communication among patients, physicians, hospitals and
other caregivers.
“We are proud of DMC’s Michigan Pioneer ACO and the achievements
realized during the first three years of the program," said Trevor
Fetter, chairman and chief executive officer of Tenet Healthcare. "These
results are made possible when patients, physicians, hospitals and the
entire medical community collaborate effectively. Tenet is pleased to
continue its engagement in Medicare ACOs and plans to expand these
programs for 2016, building upon our commitment to improve quality and
achieve better outcomes.”
Seventy-five percent of Tenet’s hospitals across the U.S. have
affiliated ACO networks that provide care to nearly 700,000 Medicare and
commercial patients.
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 80 general acute care
hospitals, 19 short-stay surgical hospitals and over 400 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.
Tenet also operates six health plans. For more information, please visit www.tenethealth.com.
The terms "THC," "Tenet Healthcare Corporation," "the company," "we,"
"us" or "our" refer to Tenet Healthcare Corporation or one or more of
its subsidiaries or affiliates as applicable.
