Banner Health Accepted as First Pioneer ACO

Phoenix-based Banner Health, which has locations in seven states, has been accepted by CMS into the agency's Accountable Care Organization Pioneer Program, according to a Phoenix Business Journal report. 

Banner is the first health system accepted into the program, which is intended for advanced organizations that can move quickly from a shared savings model into managing population health.

Banner will have until mid-November to accept CMS' contract for the program, according to the report.

Related Articles on Pioneer ACOs:

Essential Primer: Pioneer ACOs and Proposed Advance Payment Initiative
Berwick: New ACO Initiatives Not Due to Concerns Over Proposed Rules
CMS Unveils New ACO Model For Advanced Organizations, to Start in Summer

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