Anthem, HealthCare Partners ACO Saves $4.7 Million
During a six-month period, Anthem Blue Cross and HealthCare Partners reported an 18% decrease in the length of hospital inpatient stays for patients in their southern California accountable care organization compared to patients outside the ACO.
Anthem Blue Cross and HealthCare Partners Medical Group have announced that their ACO generated an estimated $4.7 million in savings in the first six months of 2013 by shortening hospital stays and reducing the incidence of ED visits among participants.
The ACO involves more than 52,000 Anthem PPO patients in Southern California cared for by HealthCare Partners, a medical group with more than 6,300 primary care physicians and specialists. During the six-month study period, Anthem and HealthCare Partners reported an 18% decrease in the length of hospital inpatient stays for the ACO group compared to patients outside the ACO.
The incidence of both hospital visits and outpatient visits—including ED visits—declined 4%. Members also reported 4% fewer lab visits and radiology visits and slightly better results in managing cholesterol levels and blood sugar levels.
"Until now, the promise of better care and lower costs via ACOs in the commercial PPO population has not been clearly documented," said Mark Morgan, president of Anthem Blue Cross. "Through the collaboration of medical teams at Anthem and HealthCare Partners, we are able to provide one of the first well-documented reductions in medical cost trends in the national commercial PPO space."
- How Top-Ranked MA Plans Earn Their Stars
- Readmissions: No Quick Fix to Costly Hospital Challenge
- How Hospitals Can Become 'Upstreamists'
- 4 Ways to Lower the Cost to Collect from Self-Pay Patients
- WellPoint Dominates Nearly Half of Markets, AMA Says
- 4 Tips for Managing Employed Physicians
- CMS Offers Some ACOs $114M for 'Upfront' Costs
- House Calls Key to Pioneer ACO Success
- Ebola: Second TX Nurse Diagnosed After Improper Protective Gear Application
- How Telehealth Pays Off for Providers, Patients