Cleveland Clinic announced Tuesday it has been selected join the Medicare Shared Savings Program and will launch an accountable care organization to augment its current value-based care initiatives, which include care paths and a patient-centered medical home.
The new ACO provider network will be comprised of Cleveland Clinic physicians in northeast Ohio and a handful of local independent physicians, according to a statement. Medicare beneficiaries assigned to the new ACO will receive information on the coordinated care model this month.
"This is one more way in which we are continuing to accelerate the pace of clinical transformation to keep patient populations as healthy as possible and address the preventive and chronic care needs of every patient," Michael Modic, MD, Cleveland Clinic's Chief Clinical Transformation Officer, said in a statement.
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