CHARLOTTE, N.C.--()--Methodist Health System is a new member of a Premier healthcare alliance initiative uniting providers that are participating in accountable care organizations (ACOs).
“PACT supported Methodist as we prepared for the launch of our ACO”
Premier’s Partnership for Care Transformation (PACT™) is a collaborative of health systems that share knowledge and best practices, while measuring and benchmarking their care to improve population health and contain costs.
Methodist joined PACT’s Implementation Collaborative, consisting of 24 health systems across 21 states that are actively implementing new care and payor models. PACT members enable data-driven, evidence-based decisions that improve quality, reduce costs, enhance patient engagement and satisfaction, and coordinate care delivery. A recent Commonwealth Fund white paper details their learnings on strategies for implementing ACOs.
“PACT supported Methodist as we prepared for the launch of our ACO,” said Tim Kirby, president of the Methodist Patient Centered ACO. “Collaborating with leading providers across the nation is a critical step to truly change practice patterns and learn how to ultimately improve population health.”
The Methodist Patient Centered ACO was recently selected to participate in the Centers for Medicare & Medicaid Services’ (CMS) voluntary Medicare Shared Savings Program (MSSP). PACT’s MSSP cohort helped Methodist with the extensive application process it took to participate in the CMS initiative and is supporting the system as they implement MSSP.
Methodist was previously a member of PACT’s Readiness Collaborative, which includes 45 systems in 57 markets across 30 states that are learning about accountable care, and evaluating how to implement an ACO or accountable principles in their health systems.
Senior Vice President of Premier Performance Partners Wes Champion said, “Collaborative members are putting people at the center of their care process. They’re breaking down payment silos and creating integrated provider networks that are accountable for cost, quality, satisfaction and population health. We’re pleased that Methodist has joined with PACT members in building, testing and bringing to scale new models of care delivery.”
Premier, a provider-owned alliance, operates the nation’s largest performance improvement care network supported by information from the industry’s most comprehensive database with 1 in 4 patient discharges, 2.5 million real-time clinical transactions a day and nearly $43 billion in annual purchasing data. The information lives on its integrated performance platform, PremierConnect™, and is available to more than 400,000 physicians, 2,600 hospitals and 88,000 other care sites.
Methodist’s Dallas, Charlton and Mansfield Medical Centers are also members of Premier's QUEST® collaborative, which includes nearly 350 hospitals increasing adherence to evidence-based care delivery in six critical areas to improve the patient experience and avoid harm while reducing mortality, cost of care and readmissions.
For 16 years Methodist has been an owner of Premier, working to transform healthcare. Using a combination of Premier supply chain and quality data, as well as expert resources – including a risk sharing partnership – Methodist has reduced costs by more than $25 million over the past five years.
About Methodist Health System
Guided by the founding principles of life, learning and compassion, Methodist Health System provides quality, integrated care to improve and save the lives of individuals and families throughout North Texas. Methodist Dallas Medical Center, Methodist Charlton Medical Center, Methodist Mansfield Medical Center, Methodist Richardson Medical Center, Methodist Midlothian Health Center, and Methodist Family Health Centers are part of the nonprofit Methodist Health System, which is affiliated by covenant with the North Texas Conference of The United Methodist Church. Additional information is available at www.methodisthealthsystem.org. Connect with them through Facebook, YouTube and Twitter at www.methodisthealthsystem.org/socialmedia.
About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient
Premier is a performance improvement alliance of more than 2,600 U.S. hospitals and 88,000-plus other sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier operates a leading healthcare purchasing network with more than $4 billion in annual savings. Premier also maintains the nation's largest clinical, financial and outcomes database with information on 1 in 4 patient discharges. A world leader in delivering measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services. Headquartered in Charlotte, N.C., Premier also has an office in Washington. https://www.premierinc.com. Stay connected on Facebook, Twitter and YouTube.