Caravan Health, the Accountable Care Organization (ACO) with a Proven Model | with CEO Tim Gronniger

On this podcast we are always looking for innovative technologies
and services that address unmet need in healthcare, expand access
to essential and effective healthcare and improve outcomes for
both patients and providers. So, we were excited at the
opportunity to speak with Tim from Caravan Health!


While ACO’s may not have the appeal of flashy new gadgets from
the big-four tech companies, underneath their modest surface is a
program with huge potential to impact lives. Accountable Care
Organizations are the result of a Centers for Medicare &
Medicaid Services (CMS) program aimed at incentivizing the rapid
adoption of value-based care. These programs, if implemented
effectively and sustainably, could save CMS hundreds of millions,
even billions of dollars, by actually expanding healthcare access
in both rural and urban communities, all while maintaining high
standards of quality care.


Caravan Health has been leading the way in the world of ACO’s and
has become a model for others through its proven method that
‘makes the numbers work’. The numbers speak for themselves: 26k
providers in their network, 300+ organizations, ~600k attributed
Medicare lives, north of $100MM in total shared shaves (and
projected to grow, as we learned from Tim in this episode), and
95% average MIPS (quality of care) score in 2019.


Caravan has a suite of solutions and a unique onboarding process
that can help new members better manage their patients and also
tap into shared savings with greater success than perhaps any
other ACO in the industry. This involves a combination nurse-led
service delivery, focus on preventive care, tapping into new
billing codes and 340b discounts, and a few other key elements in
their recipe for success.


We enjoyed speaking with Tim and learning more about ACO’s - and
hope you will too!





********





Check out the full episode on our MedTech Trends Youtube Channel
here: https://youtu.be/8e_9WeXrZAg


Find out more about the Caravan Health:


https://caravanhealth.com/


Twitter: https://twitter.com/caravanhealth


Facebook: https://www.linkedin.com/company/caravanhealth/


LinkedIn:
https://www.youtube.com/channel/UCKOT5Its3ZWDpR4Ut5BMecg