By Associated Press | December 26, 2017
Vermont’s Green Mountain Care Board has approved a $620 million budget for OneCare Vermont, the state’s multi-payer accountable care organization.
The budget approved Thursday marks the beginning of a five-year experiment to transform health care in the state. The Burlington Free Press reports the new plan to lower the overall cost of health care will have pay doctors whether their patients are sick or not.
As a leader in healthcare’s evolution toward value-based care, Subsero Health, a Sarasota-based ACO management company, announced today that one of its clients, Health Point ACO, LLC, has earned the Centers for Medicare and Medicaid Services (CMS) nearly $7 million in savings for the 2016 calendar year.
“While we are proud that our hard work yielded a substantial savings for the government as well as our patients,” said Neil Bedi, Managing Partner, “we are humbled by the superior quality score we earned. The health of our patients is our top priority.”