Park Nicollet named ACO to know
BLOOMINGTON, Minn. – For the second year, Becker’s Hospital Review, a highly respected health care publication, is recognizing Park Nicollet as one of the Accountable Care Organizations to know. This recognition is based on factors including quality and cost. There are about 650 private and public ACO’s in the U.S. About 20 percent of Medicare beneficiaries receive care from an ACO.
An ACO is a group of doctors, hospitals, clinics and other care givers who join together to care for patients. The goal is to provide patients with the best care at the lowest cost. When ACOs deliver high-quality care and use health care dollars more wisely, members share in the savings earned from the Centers for Medicare and Medicaid Services (CMS).
Park Nicollet has participated in CMS ACO models since 2012. Since then, it has saved Medicare more than $6 million dollars. HealthPartners has another accountable care organization called the Northwest Metro Alliance. This partnership with Allina Health cares for HealthPartners and Allina patients in the Northwest metro area. It has also improved care and reduced costs. Read an executive summary.
About Methodist Hospital
Park Nicollet Methodist Hospital is part of HealthPartners, the largest consumer-governed, non-profit health care organization in the nation with a mission to improve health and well-being in partnership with members, patients and the community. Methodist Hospital is renowned for high-quality patient care, medical expertise and disease management. It is recognized as an area leader in cancer, cardiovascular and maternity care, and neuro-rehabilitation medicine, with experts who are highly trained to provide patients with personalized care and treatment. For more information, visit methodisthospital.com