Ochsner Health is a system that delivers health to the people of Louisiana, Mississippi and the Gulf South with a mission to Serve, Heal, Lead, Educate and Innovate.
NEW ORLEANS – The Ochsner Accountable Care Network, LLC (OACN) achieved its sixth consecutive year of top-ranking results in both clinical performance and healthcare savings for Louisiana’s and Mississippi’s Medicare population. Its network of physicians and providers who support the Medicare Shared Savings Program (MSSP) lowered expected cost of care by nearly $24 million for more than 40,000 Medicare beneficiaries in 2021. Over the last six years, OACN has improved the health outcomes for our beneficiaries and reduced healthcare spending by more than $100 million.
“Saving millions of dollars and improving the health of our region’s most vulnerable patients six years running, and on the heels of a global pandemic, marks a milestone year for Ochsner Accountable Care Network,” said Robert Hart, MD, Chairman.
OACN’s 2021 clinical successes, highlighted by a 100% quality score, can be attributed to increasing primary care physician visits, focusing on high-risk patient care coordination and support, reducing unnecessary hospitalizations through ambulatory care coordination, and improving patient satisfaction. Through these efforts, OACN achieved the following results:
In 2020, the Center for Disease Control (CDC) estimated 41% of U.S. adults delayed or avoided medical care during the pandemic because of concerns about COVID-19, including 12% who reported having avoided urgent or emergency care.
“Despite making up for care delays that accumulated during 2020’s COVID-19 public health emergency and a 33% growth in OACN’s beneficiary population, our clinicians lowered expected care costs in 2021 by $24 million, which places OACN in the nation’s top 5% of Medicare Shared Savings ACOs,” noted Beau Raymond, MD, Interim Executive Director.
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 both the patient and organization. Patients see the benefit of an ACO through improved communication with their healthcare teams and reduced duplication in paperwork and medical tests.
For more information about OACN’s participants or past performance, please visit ochsneracn.org.
About Ochsner Accountable Care Network
OACN is an Accountable Care Organization (ACO) that consists of more than 2,250 clinicians throughout Louisiana and Mississippi. Founded in 2013 to ensure that patients, especially those with chronic conditions, get the right care, at the right time, in the right place, the network is dedicated to improving health outcomes and supports population health efforts across Louisiana and the Gulf South. As the largest ACO in Louisiana, OACN is comprised of Ochsner-employed and community providers across Louisiana and the Mississippi Gulf Coast.