As MissionPoint ACO Turns One, Membership Up, Costs Down
Despite recent criticism that ACOs will not succeed because the behavior changes required of patients and doctors are "unrealistic," Tennessee-based MissionPoint Health Partners is moving the needle forward.
MissionPoint Health Partners, an accountable care organization launched by Ascension Health's Saint Thomas Health System in Nashville just a year ago, is adding some health insurance heft to its operations. On Tuesday MissionPoint announced that Blue Cross Blue Shield of Tennessee will be joining the ACO in a four-year partnership aimed at self-insured employers.
That's just one indication that this ACO model is not only viable, but could be a lesson in how-to for other hospitals and systems considering plans to set up these new models of care.
In its first year, Jason Dinger, CEO of MissionPoint, says it surpassed membership goals. "We were hoping to manage 15,000 members; we're up to over 50,000 members in our ACO. We've seen considerable growth," says Dinger.
It also added new services, and expanded its telehealth component from one to 44 sites to capture the population residing in the rural area around metro Nashville.
And, Dinger says, the ACO has cut medical costs each year for its 15,000 original members by 12%.
- CEO Exchange: Preparing for Population Health
- Advocate, NorthShore Deal Would Create 16-Hospital System
- 3 Strategies for Retaining Millennial Employees
- Better HCAHPS Scores Protect Revenue
- Power of price: In South FL and the nation, healthcare costs often are shrouded in secrecy
- Two NY hospitals to offer free hip and knee replacement surgeries for qualifying patients in December
- Hospital mergers may lead to higher prices
- CEO Exchange: Pressure is On to Partner, Drive Quality
- Narrow Networks Cut Costs, Not Quality, Economists Say
- Top Reason for Nurse Turnover: Managers