U-M’s Care Strategies Save Medicare $22 Million, Demonstrate ACO Benefits

Monday, August 22nd, 2011
This post was written by Cheryl Miller

Improving preventive and chronic care helped the University of Michigan (U-M) to save Medicare more than $22 million during a five-year Physician Group Practice Demonstration (PGPD), which was designed to show the potential benefits of ACOs. A new transitional care program assisting patients with hospital discharge and follow-up was one of the ways the health system successfully achieved savings.

HHS has awarded $185 million in grants to 13 states and the District of Columbia to help them establish new state-based health insurance
marketplaces. The agency is hoping that individuals, families and small businesses will be able to use the exchanges to purchase private health insurance beginning in 2014.

And lastly, don’t forget to participate in our second annual survey on medication adherence. You’ll receive a free executive summary of the survey results once they are compiled. To take the survey, please click here.

These issues and more in this week’s Healthcare Business Weekly Update.

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