On Thursday January 10, 2013 UW Health of Madison Wisconsin was named an Accountable Care Organization (ACO) . As an Accountable Care Organization (ACO) UW Clinics and UW hospital will share responsibility for providing care to individual patients with Medicare as a pay source.
The varied departments within the UW Health system of delivery will cooperate to best serve the individuals needs. A huge part of this involves the use of technology to facilitate timely communication.
The Federal Government requires the health network seeking designation as an (ACO) Accountable Care Organization to demonstrate an ongoing capability to serve a minimum of 5 thousand Medicare beneficiaries over a period of at least 36 months.
Financial incentives come from system savings after quality targets have been met. Medicare shares saved money with the (ACO) Accountable Care Organization. This model is different than rewarding providers for per service fee, which encouraged diagnostic menu's that enhanced revenue.
Wisconsin hospital and health care networks large enough to apply and receive designation as an ACO hope the shared savings revenue is significant to neutralize the readmission penalty. For this reason Wisconsin citizens will hear of community hospitals meeting to merge into a larger group.
PATH ALONG is an original Wisconsin model that provides the inpatient support needed with today's hospital stay. PATH ALONG connects inpatient providers to community staff who support the patient during health system transitions. PATH ALONG is an evidence based model with 3 defined services to help the hospitalist and advanced practice nurse fulfill their continuity of care role. The focus is on care filled transitions. For more information check out the site below with free access
http://www.homecarepath.com/Pages/PRESSRELEASEOriginalWisconsinModelToReduceHospitalReadmissionRates.aspx
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