Catholic Health is the only Long Island health
system participating in the CVS Health ACO
REACH program
WOONSOCKET, R.I., and ROCKVILLE CENTRE, N.Y., April 19,
2023 /PRNewswire/ -- CVS Accountable Care
Organization, Inc. (CVS Accountable Care), a division of the CVS
Health® family of businesses, (NYSE: CVS) today announced it has
entered into a collaboration with Catholic Health and Catholic
Health Physician Partner's ACO (Catholic Health) to expand
value-based care and health care access for Medicare beneficiaries
across the Catholic Health Physician Network in the New York area. The partnership builds on
Catholic Health's ACOs program, improving care for over 40,000
Medicare beneficiaries in Nassau
and Suffolk counties and saving
millions of dollars by meeting quality and total cost of care
goals.
Catholic Health and CVS Accountable Care (CVS ACO) will jointly
assume accountability for the health care of nearly 40,000 Medicare
fee-for-service beneficiaries under the ACO Realizing Equity,
Access, and Community Health (REACH) program1. The new
collaboration, the first of its kind on Long Island, will help to strengthen care
coordination for patients by providing customized support, such as
home-based care, transportation support for annual wellness visits
and linkages to services for addressing social determinants of
health. Additionally, it will help improve support for Catholic
Health providers, especially primary care providers; enhance the
health system's care delivery service offerings, including adding
same-day access, multidisciplinary chronic condition care
management programs and analytics to allow physicians to provide
top-of-license care; and utilize innovative value-based payments to
incentivize providers.
The agreement is based on the Centers for Medicare &
Medicaid Innovation's (CMMI) redesigned direct contracting model,
ACO REACH. ACO REACH prioritizes health equity, the coordination of
care among health care providers to improve outcomes, and the
reduction of unnecessary medical costs by moving patients toward
value-based care.
"Catholic Health looks forward to working with CVS ACO and
bringing these important care enhancements to our Medicare
population," said Catholic Health President & CEO Patrick O'Shaughnessy, DO, MBA, noting the
health system is the only Long
Island-area participant in the CVS Accountable Care ACO
REACH program. "As CVS's exclusive health system partner in the
Long Island market, we will be
able to reach more patients as a unified resource and will provide
new equity-focused clinical programs and services at a time when
access to high-quality health care is more important than
ever."
"We know value-based care, particularly for Medicare
beneficiaries, can help dramatically improve outcomes for patients
who need it most and achieve lower costs," said Mohamed Diab, MD, CEO, CVS Accountable Care
Organization. "That's why value-based care as a framework is
central to our broader care delivery strategy. CVS ACO is bringing
to the table powerful tools to help provide coordinated,
high-quality care to Medicare patients."
Diab noted the ACO REACH program enables CVS ACO to employ
community-based assets such as MinuteClinic® retail health clinics,
as well as the company's robust data analytics and connected
electronic medical record technology to support providers as they
care for their most complex patients. The program also assumes
administrative tasks such as appointment and lab scheduling
assistance and provides actionable insights at the point-of-care to
help providers offer more personalized patient care. Overall, the
partnership allows for more integration, data sharing and care
coordination resulting in less fragmentation and ultimately the
goal of better outcomes.
The collaboration builds on Catholic Health's Physician
Partner's ACOs successes in the Medicare Shared Savings Program to
ensure patients have access to equitable, accessible and
high-quality care.
Both CVS Health and Catholic Health have longstanding
commitments to reducing health disparities that contribute to
unequal health outcomes. "CVS Health is focused on
advancing health equity for our customers, colleagues, clients
and communities by improving health care access and quality of
health for every patient we serve," said Diab.
"At Catholic Health, we are grounded in our humanity and
dedicated to the transformation of health care," said
O'Shaughnessy. "We remain dedicated to making a critical
difference in the health trajectory of the underserved and to
enhancing the care in the communities most in need. That is what
health equity is all about."
Catholic Health will join a growing national network of leading
and diverse providers working within the CVS ACO framework to care
for Medicare beneficiaries. This network includes other clinically
integrated networks, primary care groups and Federally Qualified
Health Centers.
About CVS Health
CVS Health® is the leading health solutions company, delivering
care like no one else can. We reach more people and improve the
health of communities across America through our local presence,
digital channels and over 300,000 dedicated colleagues – including
more than 40,000 physicians, pharmacists, nurses and nurse
practitioners. Wherever and whenever people need us, we help them
with their health – whether that's managing chronic diseases,
staying compliant with their medications, or accessing affordable
health and wellness services in the most convenient ways. We help
people navigate the health care system – and their personal health
care – by improving access, lowering costs and being a trusted
partner for every meaningful moment of health. And we do it all
with heart, each and every day. Follow @CVSHealth on social
media.
About Catholic Health
Catholic Health is an integrated system encompassing some of the
region's finest health and human services agencies. The health
system has nearly 16,000 employees, six acute care hospitals, three
nursing homes, a home health service, hospice and a network of
physician practices. Under the sponsorship of the Diocese of
Rockville Centre, Catholic Health
serves hundreds of thousands of Long Islanders each year, providing
care that extends from the beginning of life to helping people live
their final years in comfort, grace and dignity.
CVS Health media contact
Kathleen Biesecker
703-472-8466
Kathleen.Biesecker@CVSHealth.com
Catholic Health media contact
Kate A. Malenczak
631-263-6646
kate.malenczak@chsli.org
1 Statements contained in this document are solely
those of the authors and do not necessarily reflect the views or
policies of CMS. The authors assume responsibility for the accuracy
and completeness of the information contained in this
document.
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SOURCE CVS Health