We may be rewarded for providing you with high quality, more coordinated care, such as additional reimbursement for reducing costs and meeting specific quality improvement markers. In this way, we are accountable to the patients and the third-party payer for the quality, appropriateness, and efficiency of the healthcare provided.
Transparency is an important aspect of the success of an Accountable Care Organization. To this end, below are our financial performance and distributions.
Aggregate Amount of Shared Savings (Losses)
Performance period 1 (April 1, 2012 - December 31, 2013): 13,682,060
Performance Period 2 (January 1, 2014 - December 31, 2014): 0
Performance Period 3 (January 1, 2015 - December 31, 2015): Not yet determined
How Shared Savings are Distributed
Reinvest into infrastructure: 8%
Fund future quality programs and incentives: 17%
Distribution to Physicians and Hospitals: 75%