Dearborn, Mich.-based United Outstanding Physicians, a physician organization with more than 1,000 physicians, has launched an accountable care organization, according to a Crain's Detroit Business report.
The ACO has designated 1,020 shares of stock to 720 physicians. Primary care physicians received two shares of the stock, while specialty physicians received one share. 60,000 other shares remain available and will either be retained by the company or made available to new physicians, according to the report.
The organization has approached several local health systems to provide inpatient care for patients assigned to its ACO. Health systems approached include Oakwood Healthcare in Dearborn, St. Mary Mercy Livonia (Mich.), Garden City (Mich.) Hospital, Detroit Medical Center and Henry Ford Wyandotte (Mich.), according to the report.
Read the Crain's Detroit Business report on United Outstanding Physicians.
Read more coverage on accountable care organizations:
- Analytics for ACOs: Measuring the Depth Before Diving In
- 8 Points on How Antitrust Laws Might Affect ACOs
- FTC, Justice Department Struggle to Compromise on Antitrust Guidance for ACOs
The ACO has designated 1,020 shares of stock to 720 physicians. Primary care physicians received two shares of the stock, while specialty physicians received one share. 60,000 other shares remain available and will either be retained by the company or made available to new physicians, according to the report.
The organization has approached several local health systems to provide inpatient care for patients assigned to its ACO. Health systems approached include Oakwood Healthcare in Dearborn, St. Mary Mercy Livonia (Mich.), Garden City (Mich.) Hospital, Detroit Medical Center and Henry Ford Wyandotte (Mich.), according to the report.
Read the Crain's Detroit Business report on United Outstanding Physicians.
Read more coverage on accountable care organizations:
- Analytics for ACOs: Measuring the Depth Before Diving In
- 8 Points on How Antitrust Laws Might Affect ACOs
- FTC, Justice Department Struggle to Compromise on Antitrust Guidance for ACOs