NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Connected Care (www.cchealth.com/), the world’s first global Payvidance™ platform, announced one of its subsidiaries -- Excelera ACO -- was selected by The Centers for Medicare & Medicaid Services (CMS) to participate in a Medicare Shared Savings Program as an accountable care organization (ACO), basic track A model. The initiative launched July 1, 2019.
Excelera ACO brings providers of services, provider groups and suppliers together into an ACO to promote accountability and coordination for a population of Fee-For-Service Medicare beneficiaries. Excelera ACO moves away from volume-based to value-based care delivery by promoting coordination of care, high-quality care, efficient service delivery and patient-centricity as the only long-term, sustainable solution.
“Excelera ACO is an important step in growing and enriching the Connected Care ecosystem,” said Founder and CEO Sanjay Patil, MD. “The ACO’s launch expands Connected Care’s Payvidance™ (Payor + Provider + Guidance) platform beyond just the Medicare Advantage Program, allowing it to serve also the Original Medicare FFS population.”
“We are pleased to have been chosen to participate in a Shared Savings Program ACO. Our experience in value-based, high-quality care and cost-effective care will help save costs overall for Medicare,” said DeeDee Le, Excelera ACO Co-Founder and Chief Operations Officer.
About Connected Care
Connected Care (www.cchealth.com) is a family of private companies that are physician-led and provide technology, services and products to health plans, hospitals, independent practice associations and medical groups. Connected Care uses a data-first, member-centric approach to align health plans, health plan members, patients, healthcare providers and pharmacies around constant improvement to healthcare quality and outcomes.