By Eric Zerneke
Since
the entire healthcare industry is at HIMSS12 next week, this is a good opportunity to discuss an important
deadline that will quickly follow the event. Accountable Care Organization (ACO)
applications are due by March 30, 2012, which is the second, and potentially
final, deadline.
For
those of you wondering what this means, CMS’s Accountable Care Organization
program is a new federally directed program incorporating new, and varied, pay-for-performance
incentives. But what is an ACO? An ACO
is a group of doctors, hospitals and other healthcare providers along with 3rd
party health insurers that work together to deliver high-quality care to their
Medicare patients while controlling costs. They are “accountable” for the care,
quality, and costs associated with a specific Medicare population. The concept behind this program is simple - that
higher-quality, proactive care where everyone is responsible and will be
accordingly rewarded will lead to lower healthcare costs. This is especially
true for chronic and high-risk patients, hospital readmissions, and duplicate
labs and tests.
As discussed in InformationWeek’s February issue and what we hear
from our clients on a daily basis, one of the key challenges is that
organizations must have trusted, timely quality clinical and claims data and aggregate
that data across the entire organization – including all their affiliate
organizations. Specifically, during year
one, providers will have to report on 33 quality measures. These measures
really hit at the heart of the national health crisis as they aim to answer the
following questions:
- Are
we creating coordinated care environments where patients feel like they are a
contributor to the process?
- Are
we effective in preventing waste?
- Are
we able to help populations of patients achieve wellness in the areas of
greatest impact?
In year two, ACO’s must report on
eight of these measures and how they improved performance against those
measures and lastly, in year three, they have to demonstrate significantly improved
performance in 32 measures and report on just one that measures how well
patients are functioning.
Despite the looming deadlines, this
remains a daunting task and many organizations will continue to struggle to
take action without a holistic strategy for managing information and tying this
information directly to improvement programs.
Are you forming an ACO? If so, how are you balancing the formation of
an ACO with everything else on the schedule (ICD-10, Meaningful Use, PCMH
programs, and more)?
Stay tuned, next week we will be
reporting from the HIMSS12 floor and taking a deeper dive into how these challenges can be overcome.