A Collaborative ACO – the Key to Managing ACO Risk

Sponsored by Caravan Health Breakfast

When: Thursday, April 25 7:30 – 8:15 am 
Location: Key 1-2
Speaker: Lynn Barr, Caravan Health

Description: Are you ready for risk? The new rules for the Medicare Shared Savings Program ACOs are here and ACOs will soon be on a faster path to two-sided risk. Caravan Health CEO and Founder Lynn Barr will explain how participating in a collaborative ACO can lead to more reliable and sustainable performance under risk-based reimbursement by scaling up for success.  

Most ACOs are too small to consistently demonstrate savings in the Medicare Shared Savings Program due to the statistical variability inherent in small numbers.  In a collaborative ACO, hospitals, physician groups, and Clinically Integrated Networks (CINS) come together to form ACOs with a minimum of 100,000 lives to overcome random statistical variance and minimize costs. These ACOs feature a shared governance but are operated locally through steering committees. With enough lives and proven population health strategies, ACOs can beat the benchmark year after year. Attend this session to find out how your ACO can participate in this collaborative ACO model and reduce your risk. 

Speaker Bio: Lynn Barr is a leader in the movement to transform and improve our nation’s healthcare systems. In 2014 she formed Caravan Health to provide turn-key services to providers interested in population health programs in Practice Transformation Networks, Medicare and Commercial Accountable Care Organizations, Comprehensive Primary Care Plus, and other payment models. As CEO of Caravan Health, Ms. Barr leads the development and execution of nationwide programs that bring better care to patients and help health care providers achieve financial success. Caravan Health supports more than 13,000 primary care providers and over 250 hospitals making the transformation to value-based payments models.