Ochsner Accountable Care Network Announces More Than 23M in Savings for Medicare Beneficiaries
2019 clinical performance improves the lives of 30,000 aging Louisianians
The Ochsner Accountable Care Network, LLC (OACN) is pleased to report its 2019 performance results, which include a reduction in the expected cost of care by more than $23M for 31,000 Medicare beneficiaries. The 2019 savings represented a 53% increase in savings per beneficiary (nearly $800 per patient) and an 81% increase in total savings over 2018. This report marks OACN’s third consecutive year of successful clinical performance. Namely, the progress in chronic disease management and preventive health programs positively impacted the overall health of the elderly population throughout the region.
“The continued success of Ochsner Health Network (OHN) and OACN is a reflection of unparalleled collaboration and a shared vision of creating a healthier region,” said David Carmouche, MD, Executive Director, OACN. “Louisiana and Mississippi face significant and disproportionate healthcare challenges compared to the rest of the country, and our entire team of providers and staff proves ready to face them by finding solutions that improve the health, quality of life and cost of care for our elderly patients and community. Through the sharing of data, utilization of technology, and enhanced access and communication, we are making strides toward reducing Louisiana’s alarmingly poor health rankings and disparities among our most vulnerable population.”
Efforts that contributed to OACN’s 2019 MSSP results include:
- Improved preventive care delivery by increasing annual wellness visits, decreasing unnecessary emergency room (ER) visits and increasing life-saving screenings for common cancers and other health issues, including depression.
- Enhanced access to primary and urgent care services and focus on communication.
- Improved collaboration with patients’ care teams through EPIC, a best-in-class electronic health record.
- Utilization of software and technology that can identify and predict health risks in patients.
- Sharing of robust health data, tools and technology to support clinicians in the care of our most vulnerable patients who suffer from chronic conditions.
“Through OACN’s population health analytical tools and technology, our 2019 MSSP performance reflects a new level of data sophistication in how we target value-based care opportunities across our Medicare population. With greater accountability, intention and purpose, our physicians are bending the cost curve and improving care by readily identifying high risk patients, generating care savings opportunities, and closing important care gaps,” explains Ross Hamic, MD, Primary Care Physician (Family Doctors, Shreveport) and Partner, OACN.
“As a healthcare network of like-minded providers and staff, we love what we do and are grateful for the opportunity to make a difference in the greater West Feliciana region,” said Chaillie Daniel, MD, Primary Care Physician (The Daniel Clinic, St. Francisville) and Partner, OACN. “The network's shared savings results three years running demonstrates that when we work collaboratively, we do, in fact, improve the health of entire populations. The tangible outcomes, rewards and cost reductions motivate our staff to continue raising the bar for the good of our patients and for the privilege of serving.”
OACN is an Accountable Care Organization (ACO) that consists of more than 2,700 providers in Louisiana and Mississippi. OACN was founded in 2013 to ensure that patients, especially those with chronic conditions, get the right care, at the right time, in the right place. OACN is dedicated to improving health outcomes and supports population health efforts across Louisiana and the Gulf South. As the largest ACO in Louisiana, OACN’s team includes Ochsner employed and community providers in New Orleans, Baton Rouge, St. Tammany Parish, Houma and South Mississippi.
ACOs are groups of physicians, hospitals and other healthcare providers who come together voluntarily to provide coordinated, quality care to Medicare patients. The goal of an ACO is to improve efficiency and coordination of care, resulting in improved care delivery and reduced healthcare costs to the patient and organization. Patients see the benefit of an ACO through improved communication of their healthcare teams and reduced duplication in paperwork and medical tests.
For more information about OACN’s participants or past performance, please visit www.ochsneracn.org.
About Ochsner Health Network
Anchored by Ochsner Health System, OHN was founded in 2015 with the following health system partners – Ochsner Health System, Ochsner LSU Health North Louisiana, Lafayette General Health, Slidell Memorial Hospital, St. Tammany Parish Hospital and Terrebonne General Medical Center. These leading health systems, their employed physician groups, and affiliated community physicians across the greater Gulf South comprise a network that is a leader in healthcare delivery innovation and is one of the largest and most advanced Clinically Integrated Networks (CIN) in the nation. For more information, please visit ochsnerhealthnetwork.org.