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CareAllies’ news and announcements
View our press releases for the latest CareAllies announcements and read articles in which CareAllies is featured.
CareAllies Achieves Savings of $4.5 Million in Debut Year of CMS Value-Based Care Model
CareAllies Accountable Care Solutions demonstrated success in improving care and reducing costs for Original Medicare beneficiaries, with 100% quality score
HOUSTON, November 20, 2023 -- CareAllies, a company that helps simplify and accelerate physicians’ transition to value-based care, today announced that its Accountable Care Solutions, LLC, achieved $4.5 million in gross savings for the Medicare program while providing access to high-quality care to beneficiaries through its first year in the Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH) Model. The ACO REACH model is part of the Centers for Medicare & Medicaid Services (CMS) Innovation Center’s Accountable Care Models, which help incentivize providers to achieve better health outcomes for patients through value-based arrangements rather than volume-based reimbursement.
In 2022, CareAllies worked with providers across Texas and Arizona to better coordinate care, decrease provider burden and improve health for thousands of Medicare beneficiaries. Clinicians who contracted and collaborated with CareAllies Accountable Care Solutions achieved an above-average savings rate of 5.6%. CareAllies Accountable Care Solutions was able to accomplish this while maintaining a quality score–a measurement of performance related to patient outcomes, safety, and other quality metrics–of 100%.
“The strong results we achieved in 2022 are a testament to the value that these innovative programs bring beneficiaries, clinicians and the entire health care system. We all want to improve health outcomes while lowering costs and reducing provider burnout, and the success of this model affirms that reimagining how health care is delivered can accomplish these shared goals,” said Corey Redding, Executive Director of CareAllies Accountable Care Solutions. “We are excited to continue to improve patient outcomes and deepen partnerships with physicians through the ACO REACH Model.”
In February 2022, the CMS Innovation Center unveiled the ACO REACH Model – a redesign of the Global and Professional Direct Contracting (GPDC) Model – for performance year 2023. ACO REACH introduced key changes to the GPDC Model, with a strong emphasis on:
- the promotion of health equity,
- enhanced participant monitoring and vetting, and
- the reinforcement of provider leadership and governance.
These three focal points align seamlessly with CareAllies’ commitment to driving equitable, accessible, and community-oriented health care solutions, as well as the core values in the services that CareAllies offers to its network of provider partners.
Ranked the number one value-based care solution for physician organizations from 2018-2023 by Black Book Market Research, CareAllies has over 20 years of experience in providing management services -- and the people, processes and technology -- that physician organizations need to succeed in value-based care. CareAllies simplifies the journey to more rewarding health care by alleviating administrative burden while giving physicians and staff the information they need to better manage their patient populations. CareAllies aggregates and analyzes data, delivers actionable reports and decision-support tools within existing workflows, and deploys business and clinical support teams to enhance operations, align incentives and improve care coordination. Collaborating with CareAllies helps physicians deliver more accessible and affordable care while allowing them to focus on their most rewarding endeavor: improving patient health outcomes. To learn more about CareAllies, including links to follow them on Facebook, LinkedIn or YouTube, visit www.careallies.com.
The 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.