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Accountable Care Organizations (ACOs) have been quite successful in promoting better health care community, and as such, are often used as benchmarks for new healthcare models. The Centers for Medicare & Medicaid Services (CMS), in its continuous search for healthcare advancement and development, introduced the new ACO Realizing Equity, Access, Community Health (ACO REACH) model in 2022.
The Global and Professional Direct
Contracting (GPDC) model are set to be phased out by the end of 2022. As a replacement model, the
ACO REACH model is focused in
realizing
and increasing the scope
equity
of
health care services to underserved
community.
The new
ACO REACH model will necessitate all program participants to develop and enforce strong health equity plans as a means to provide better healthcare coordination, support, and delivery to underserved health of community. By reducing health disparities within beneficiary healthcare communities, the ACO REACH is designed to outline and provide extended healthcare support in a two-pronged approach. The action plans for the program are as follows:
The ACO REACH seeks to empower underserved community by giving them more access and more active roles in their health care. Expanded benefits are expected to be included, such as telehealth consultations, post-clinical in-person visits, and lowered cost-sharing arrangements.
At its core, the ACO REACH integrates known best healthcare practices directed towards enlarging health population coverage with additional and amended plans. Five new policies have been crafted to favor health equity plans that meet the program requirements, which are:
Selected
ACO REACH participants are expected to have more enhanced responsibilities, requiring at least 75% controlling interest of the program held by providers. Under this system, the
ACO REACH program promotes higher levels of performance, monitoring, and transparency in all aspects of its workflow while ensuring that the program is more inclusive of identified underserved health populations.
Redefining Healthcare Organizations
In realizing the full potential of ACO REACH model, interested participants would need to look into the specific guidelines laid by CMS to be able to serve broader healthcare populations. Three types of groups are allowed to participate in the new program, requiring partial or full capitation risk for providers, which are:
The ACO REACH model is predicted to mark and define new healthcare tracks based on best practices from previous programs while keeping the current healthcare working flow smooth and undisturbed.
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MedVision has successfully met the criteria outlined in the SOC (System and Organization Controls) audit for service organizations. This certification demonstrates MedVision’s adherence to rigorous standards for security, availability, processing integrity, confidentiality, and privacy.
As a service provider managing sensitive data and overseeing critical functions on behalf of clients, this certification underscores MedVision’s commitment to maintaining high standards of operational excellence and data security.
HITRUST Risk-Based 2-Year Certification Achiever
The Health Information Trust (HITRUST) is a standards organization dedicated to security, privacy, and risk management. They developed the HITRUST Common Security Framework (CSF), which assists organizations in maintaining a comprehensive and secure approach to HIPAA compliance and managing risks. HITRUST is widely recognized as the benchmark in data security and privacy.
Certified Member of HCAA
The Health Care Administrators Association is the nation's largest nonprofit trade association for third-party administrators, stop loss insurance carriers, managing general underwriters, audit firms, medical managers, technology organizations, pharmacy benefit managers, brokers/agents, human resource managers, and health care consultants. HCAA has spearheaded the change of self-funding for more than 35 years.
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LINKS
GET IN TOUCH
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Phone :
847-222-1006
Fax :
847-222-1066
STAY INFORMED
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