Independence Blue Cross Announces Results of its Accountable Care Organization (ACO) Payment Model
Submitted By Anonymous, Created 07/15/2014 - 17:13
- 50% of the hospitals participating successfully reduced their medical costs, determined by customized targets based on historical costs.
- Nearly 90% of the participants lowered hospital readmission rates with an average reduction of 16%.
- 100% of the health systems improved at least one hospital-acquired infection measure or received a top distinction from the Pennsylvania Department of Health for infection control.
- Nearly 100% of participants scored better in measures that assess patients’ experience during their hospital stay, such as their understanding of information about recovery at home.
Source: Independence Blue Cross
Source URL: http://www.ibx.com/company_info/news/press_releases/2014/07_...