National Medicare ACO Participation Opportunity Launched by National Endeavors
SPRINGFIELD, Mo., June 3, 2015 /PRNewswire/ -- National Endeavors, LLC, announces a new, comprehensive and low cost option for potential Medicare Shared Savings Program (MSSP) Accountable Care Organization (ACO) applicants. National Endeavors offers a national strategy for Physicians, Ancillary Providers, Critical Access Hospitals and Independent Physician Associations (IPAs) seeking participation in a MSSP ACO and Chronic Care Management (CCM) program.
MSSP ACOs offer many strategic and financial advantages. While providers seek to better position themselves in a healthcare delivery system that is moving from volume to value, they are evaluating the benefits and costs of participating in an ACO, or even starting their own. For many organizations joining an ACO does not provide the autonomy and flexibility to meet their objectives. Forming an ACO can also be daunting and expensive with smaller organizations facing high administrative staffing costs, a high minimum savings rate (MSR), difficulty with managed care contracting and other similar challenges.
Participants are offered a designated Series of National Endeavors, LLC, an MSSP ACO applicant, for a one-time participation fee and per patient per month fee for consulting and utilization of a cloud-based Patient Health Integrated Tools technology solution. Each Series actively manages their own participants and focuses on their business and clinical objectives, while National Endeavors takes care of the central office ACO infrastructure. Individual Series run their own operations, while collectively governing the national operation. With National Endeavors, members can focus on collaboration and implementing population health initiatives.
Greg Shockey, National Endeavors' Business Development Director, summarizes the strategy:
"An ACO is an attractive vehicle for strategic alignment among care partners in the transition to a value driven healthcare delivery system. However, for many organizations the challenges of meeting attribution requirements or costly administrative burdens has left them on the sidelines. The goal of National Endeavors is to provide a structure to help get them into the game."
Additionally, National Endeavors offers a Chronic Care Management solution to its Series participants. Management of chronically ill patients is the cornerstone of effective population health success. The ACO is uniquely positioned to provide an invaluable support service to participants providing this new reimbursable service. The CCM module and comprehensive support may be included as an optional per member per month fee. Benefits include:
- Enhanced access to care
- Improved population health
- Increased revenue
- Patients better engaged in self-management
- Savings achieved for MSSP
National Endeavors has selected the Health Endeavors Patient Health Integrated Tools (PHIT) platform for its technology infrastructure. PHIT is used by over 40 MSSP ACOs today and has a proven success record.