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Leavitt Partners and KLAS Research release comprehensive report on Accountable Care Organizations
By: PR Newswire
Nov. 29, 2012 08:53 PM
SALT LAKE CITY, Nov. 29, 2012 /PRNewswire/ -- A comprehensive and cutting-edge report co-authored by Leavitt Partners and KLAS Research shares detailed information about the structure, maturity, partnerships, practice and payment arrangements of Accountable Care Organizations (ACOs) throughout the country. The report, which represents the culmination of months of survey research and analysis, is based on a largest-of-its-kind and growing database of more than 324 ACOs and in-depth interviews with 57 physician leaders and health executives. The research makes clear the inseparable relationship between risk, care coordination and health information technology (HIT), and reveals an expanding and diverse movement that will dramatically alter the future of American health care.
"Our findings affirm that the health care industry is moving rapidly and thoughtfully towards new payment models that empower providers to assume responsibility for outcomes as well as costs," said Andrew Croshaw, a partner and managing director at Leavitt Partners. "The ACO movement, while still in its infancy, is moving from a seldom observed abstract concept to a legitimate new model of care delivery and payment. This report uncovers the details behind the movement and sheds light on the challenges and solutions facing decision-makers as the movement grows."
Research for the report is based on Leavitt Partners' ACO database and interviews with C-suite executives, physicians and other senior executives. The 153-page document includes an executive overview of the research and briefs on topics like ACO partnerships, payment arrangements, payer mix, continuum of care, care coordination and a variety of HIT topics. The report also includes detailed research data in an easy-to-understand graphic format and a special questions commentary section that reveals how ACOs operate.
Among the multiple findings included in the report are these conclusions:
The report authors identify three broad categories of ACOs. About 20 percent of ACOs surveyed are "toe dippers." These organizations are just getting started, cautious in their approach, and unsure of their long-term strategy. Another 65 percent of ACOs surveyed are "mainstream." These entities embrace accountable care publicly and energetically, and participate in well-known programs such as the Medicare Shared Savings and formal arrangements with commercial payers. The final 15 percent of ACOs surveyed are "forerunners" because they functioned as ACOs before the term was defined. These organizations are likely to be large integrated delivery systems and are experienced at operating fully capitated models like Medicare Advantage.
"This landmark research provides detailed information about the transition to risk-based payment models," said Croshaw. "Looking at past ACO activity, as well as the abundant private sector activity underway now, it is apparent that ACOs are responding to an economic rather than a pure political imperative. Regardless of the political landscape, the health care industry is adapting to fiscal realities that appear to be here to stay."
To view a summary of the report, or purchase a copy of the full report, visit ACO.LeavittPartners.com or contact ACO@LeavittPartners.com. Interested readers may also reach Leavitt Partners at 801-538-5082.
About Leavitt Partners
About KLAS Research
Contact: Natalie Gochnour
SOURCE Leavitt Partners
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