CareMount Health Solutions ACO Generates $779k in Shared Savings
HIT Consultant | January 30, 2020
Chappaqua, NY-based CareMount Medical announces its next-generation ACOs have saved more than $778,582 in shared savings in the performance year 2018. Next Generation ACOs are comprised of groups of doctors, hospitals, and other healthcare providers who come together voluntarily to deliver coordinated, high-quality care to improve the patient’s experience and health while lowering overall healthcare costs. CMS assesses Next Generation ACOs annually based on the overall quality of care measures and the ACOs’ ability to deliver value-based care outcomes to attributed beneficiaries. CareMount Medical is the largest independent multi-specialty medical group in New York State and is committed to building a best-in-class integrated care network that improves quality and clinical outcomes for its patients. CareMount Medical joined the CMS Next Generation ACO Model in 2018 under its managed care subsidiary, CareMount ACO, which serves 26,000 patients through its value-based care model.