Summit Medical Group is famous for providing high peculiarity health caring to a patients and we are unapproachable to have been comparison to be partial of a Trinity Health ACO. — Jeff Le Benger, M.D., Chairman and Chief Executive Officer of Summit Medical Group, NJ.
Berkeley Heights, NJ (PRWEB)
January 12, 2016
Summit Medical Group, New Jersey’s oldest and largest multispecialty medical group, as a member of a Trinity Health ACO, has been comparison to attend in a Centers for Medicare Medicaid Services (CMS) new accountable caring classification (ACO) indication called a Next Generation ACO Model (NGACO Model). The indication advances a Administration’s health caring complement goals and builds on knowledge from a Pioneer ACO Model and a Medicare Shared Savings Program. Through this new model, CMS will partner with Summit Medical Group by a Trinity Health ACO and with other ACOs to assume aloft levels of financial risk and reward. The beginning is approaching to outcome in softened health, softened care, and reduce costs, and to impact people as good as whole communities.
“Summit Medical Group is famous for providing high peculiarity health caring to a patients and we are unapproachable to have been comparison to be partial of a Trinity Health ACO,” pronounced Jeff Le Benger, M.D., Chairman and Chief Executive Officer of Summit Medical Group in New Jersey. “The Next Generation ACO Model is one of many innovative remuneration and caring smoothness models combined underneath a Affordable Care Act, and is an critical step towards advancing caring that rewards value over volume. We demeanour brazen to celebrating a softened health and wellness of a people and communities we serve.”
The NGACO Model is tied to a Department of Health and Human Services’ idea of restraining 30 percent of traditional, or fee-for-service, Medicare payments to choice remuneration models, such as ACOs, by a finish of 2016, and restraining 50 percent of payments to these models by a finish of 2018.
Since Medicare Shared Savings Program and Pioneer ACOs began in 2012, and now, a Next Generation ACOs – Medicare ACOs have grown to over 477 nationwide, portion scarcely 8.9 million beneficiaries. The formula from a past 5 years have demonstrated that as ACOs benefit some-more knowledge in these programs, their opening improves in providing softened peculiarity of caring for beneficiaries, while producing savings.
The 21 ACOs participating in a NGACO Model in 2016 have poignant knowledge coordinating caring for populations of patients by initiatives, including, though not singular to, a Medicare Shared Savings Program and a Pioneer ACO Model. The NGACO Model participants paint a accumulation of provider organizations and geographic regions, and were comparison by fulfilling specific eligibility criteria summarized in a Request for Applications found during a Next Generation ACO Model web page. These organizations were comparison by an open and rival routine from a vast applicant pool that enclosed many competent organizations.
For some-more information on a Next Generation ACO Model, greatfully revisit a Next Generation ACO Model web page or a Trinity Health ACO web page during http://www.trinityhealthaco.org . For some-more information about Trinity Health, greatfully revisit http://www.trinity-health.org.
ABOUT SUMMIT MEDICAL GROUP
Summit Medical Group (SMG) is a largest secretly hold multi-specialty medical use in New Jersey. In further to a 250,000-square-foot flagship campus during 1 Diamond Hill Road in Berkeley Heights, NJ, a Group has recently non-stop 3 new medical comforts in Florham Park, Livingston, and Westfield. SMG has some-more than 600 providers saying patients during some-more than 60 use locations in Essex, Morris, Passaic, Somerset, and Union counties. As an East Coast premier multispecialty group, SMG has supposing well-developed primary and specialty caring given 1929. Visit http://www.summitmedicalgroup.com
Article Original Source: Click here for details