Delaware Valley ACO taps Wellcentive for analytics
According to the company, the analytics service will be helpful as the ACO prepares to expand its value-based care model to other insurers.
Thomas Jefferson University Hospital, image from Wikipedia.
The Delaware Valley Accountable Care Organization, one of the largest of the Medicare Shared Savings Program ACOs, said it has signed a five-year deal with Wellcentive to provide analytics services to track data across the organization.
The ACO is comprised of Thomas Jefferson University Health System, Main Line Health, Doylestown Health, Holy Redeemer Health System and Magee Rehabilitation Hospital, all located in the Philadelphia region.
According to the company, the analytics service will be especially helpful as the ACO prepares to expand its value-based care model to other insurers and suppliers.
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"As our organization continues to grow and evolve, our ability to implement data driven processes to actively manage our populations and control costs is absolutely critical," said CEO Katherine Schneider in a statement.
Wellcentive will aggregate health data across the ACOs electronic health records and claims systems as well as track quality measures that the organization must report to the Centers for Medicare and Medicaid Services as part of the MSSP program guidelines.
The MSSP program gives organizations incentives for generating cost savings. As ACOs progress through the system, the take on more risk by potentially being penalized for poor quality benchmark ratings.
Since Delaware Valley joined the program after 2013, there is no data yet on how much savings the system generated.
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