The Centers for Medicare & Medicaid Services (CMS) announced the 2017 performance year results for the Medicare Shared Savings Program, an initiative that encourages Medicare Accountable Care Organizations (ACO) to better coordinate patient care and reduce health care costs. Medicare ACOs are groups of doctors, hospitals and other health care providers who come together voluntarily…
MyHealth First Network (MyHFN) has been awarded a new three-year contract to participate in the Medicare Shared Savings Program (MSSP) established by the Centers for Medicare and Medicaid Services (CMS). The purpose of MSSP is to facilitate coordination and cooperation among providers to improve the quality of care for Medicare fee-for-service beneficiaries and reduce unnecessary…
The American Heart Association (AHA) and the American Medical Association (AMA) recently recognized 41 MyHealth First Network practices that achieved Gold Status for the Target:BP initiative. Launched in 2017, the Target: BP Recognition Program is an extension of Target: BP™—a national initiative between the American Heart Association and American Medical Association aimed at addressing the…
The Centers for Medicare & Medicaid Services (CMS) announced the 2016 performance year results for the Medicare Shared Savings Program, an initiative encouraging Medicare Accountable Care Organizations (ACO) to better coordinate patient care and reduce healthcare costs. Medicare ACOs are groups of doctors, hospitals, and other health care providers, who come together voluntarily to provide…
CONTACT: Karen Potter (864) 797-7558 The Centers for Medicare & Medicaid Services (CMS) announced yesterday the 2015 performance year results for the Medicare Shared Savings Program and the Pioneer Accountable Care Organization Model that show physicians, hospitals and health care providers participating in Accountable Care Organizations continue to make significant improvements in the quality of…
The CMS Alliance to Modernize Healthcare (CAMH) talked recently with LAN Guiding Committee member and MyHFN President Dr. Angelo Sinopoli about the creation of MyHFN and CCI as an initiative to move toward alternative payment models (APMs). John Supra, CCI Executive Director of Operations; Valinda Rutledge, CCI Vice President of Public Payor Health Strategy; and…
89 New Accountable Care Organizations Join Program to Improve Care for Medicare beneficiaries
Greenville, SC – MyHealth First Network has been selected as one of 89 new Medicare Shared Savings Program Accountable Care Organizations (ACOs), providing approximately 1.6 million additional Medicare beneficiaries with access to high-quality, coordinated care across the United States, the Centers for Medicare & Medicaid Services (CMS) announced today. That brings the total to 405 Shared Savings Program ACOs serving over 7.2 million beneficiaries.
GREENVILLE, SC – More than 1,800 healthcare providers across nine upstate counties have partnered together to form MyHealth First Network (MyHFN), a physician-led network designed to improve care and address escalating healthcare costs.
The U.S. healthcare system is the most costly in the world. According to the Centers for Medicare and Medicaid Services (CMS), national health spending is expected to reach $4.6 trillion by 2020. The problem, however, is not just limited to the United States. Health systems and healthcare providers across the globe are under pressure to find ways to offer increased quality at an affordable cost. As a result, health care is shifting away from its current fee-for service model to one that is focused on value, which is defined as health outcomes achieved per dollars spent.