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Atrius Health is a Massachusetts based healthcare organization with a system of connected care for adult and pediatric patients in eastern and central Massachusetts. [1] Atrius Health's medical practices work together with the home health and hospice services of its VNA Care subsidiary and in collaboration with hospital partners, community specialists and skilled nursing facilities. [2] Atrius was acquired by Optum on May 31, 2022, which caused it to lose its tax-exempt status, although its charitable assets were transferred to the Atrius Health Equity Foundation. [3] [4] [5] [6]
The Atrius Health groups operate as a model for accountable care organizations (ACOs) [7] [ failed verification ] with responsibility for the quality and cost of care for many of their patients since before the term was coined by Elliott S. Fisher in 2006. [8] In 2009, Atrius Health became one of the first organizations to sign on to the Blue Cross Blue Shield of Massachusetts Alternative Quality Contract (AQC). [9]
Atrius Health is also a participant in the Centers for Medicare & Medicaid Services' Pioneer ACO program. In 2015, Atrius Health's Pioneer ACO's quality scores were the highest among Pioneer ACO's in Massachusetts and the third-highest among Pioneer ACOs nationally. [10]
Atrius Health has also earned Stage 7 recognition from HIMSS Analytics, the highest level possible nationally for the use of health information technology. [11]
Steven Strongwater became president and CEO of Atrius Health in August 2015. [12] Joe Kimura is chief medical officer and an internist at Atrius Health. In 2012, Kimura was named by Modern Healthcare as one of the Top 25 Clinical Informaticists in the United States. [13] Since 2014, he has served as co-chair of the Office of National Coordinator HIT Policy Federal Workgroup on Advanced Health Models and Meaningful Use. [14]
Founding medical groups Dedham Medical Associates and Harvard Vanguard Medical Associates formed Atrius Health as a loose affiliation in 2004. They were then joined by Granite Medical Group in 2005. They entered a formal merger in 2015. [15] [16] Atrius took on VNA Care Network & Hospice as a subsidiary providing integrated home health and hospice subsidiary in 2017. PMG Physician Associates followed suit on June 1, 2017. [17] Atrius Health was acquired by Optum on May 31, 2022. [4]
Gentiva Health Services is a provider of home health care, hospice, and related health services in the United States. The company is headquartered in Atlanta, Georgia. Prior to its October 2014 acquisition by Kindred Healthcare, it was a Fortune 1000 company with over $1.7 billion in annual revenue and a member of the S&P 600 index.
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...intended to reduce unnecessary health care costs through a variety of mechanisms, including: economic incentives for physicians and patients to select less costly forms of care; programs for reviewing the medical necessity of specific services; increased beneficiary cost sharing; controls on inpatient admissions and lengths of stay; the establishment of cost-sharing incentives for outpatient surgery; selective contracting with health care providers; and the intensive management of high-cost health care cases. The programs may be provided in a variety of settings, such as Health Maintenance Organizations and Preferred Provider Organizations.
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An accountable care organization (ACO) is a healthcare organization that ties provider reimbursements to quality metrics and reductions in the cost of care. ACOs in the United States are formed from a group of coordinated health-care practitioners. They use alternative payment models, normally, capitation. The organization is accountable to patients and third-party payers for the quality, appropriateness and efficiency of the health care provided. According to the Centers for Medicare and Medicaid Services, an ACO is "an organization of health care practitioners that agrees to be accountable for the quality, cost, and overall care of Medicare beneficiaries who are enrolled in the traditional fee-for-service program who are assigned to it".
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Optum Care will purchase Atrius' charitable assets for $236 million, with the proceeds going to the Atrius Health Equity Foundation.
VNA Care Network Foundation ... will become the indirect parent of ... Boston VNA and Hospice