BOSTON, Mass., – June 19, 2019– Archway Health, a full-service, tech-enabled partner to healthcare organizations in risk-based payment programs, is proud to share that two of its partner participants in the Bundled Payments for Care Improvement (BPCI) initiative, Post-Acute Care Network (PACN) and South Shore Physician Hospital Organization (South Shore PHO), were highlighted as high-performing Awardees in Centers for Medicare and Medicaid Services’(CMS) “Bundled Payments for Care Improvement (BPCI) initiative Public Toolkit.”
The toolkit outlines the key drivers of success in BPCI Advanced and tactics organizations can implement to improve quality of care, health outcomes, and reduce the cost of care. Now in the final week of the BPCI Advanced Model Year 3 enrollment period, which closes on June 24, 2019, it serves as a valuable resource for providers just starting out in the program, as well as those who are currently participating. Eight high-performing Awardees, or participant organizations, were selected to be included in the “BPCI Awardee Spotlight” based upon select quality, utilization, and cost metrics.
“We’re very excited to see our partners featured in the toolkit as an example for other organizations,” says Dave Terry, CEO and Co-founder of Archway. “Sharing examples of what success looks like in the program, and more importantly, how an organization got there, is invaluable to providers contemplating joining BPCI Advanced.”
As CMMI pushes for 100% of providers to be in upside and downside risk arrangements by 2025, BPCI Advanced offers a unique voluntary opportunity for providers to participate as a convener.South Shore Physician Hospital Organization joined the initiative in 2015 as a convener, participating in 11 episodes. South Shore PHO partners with Archway to manage care coordination data and leverage improved patient outcomes.
“We felt that by joining the program as a convener, we had full control of our program and gave ourselves the opportunity to make it a system-driven model, so it felt cohesive from the start,” says Matt Whalen, Vice President, Managed Care of South Shore PHO. “Having the flexibility to design a program around our needs has been critical to our success thus far.”
After joining the BCPI initiative in 2015 as an Awardee Convener, PACN serves as a resource for both acute and post-acute care providers to succeed in a value-based care climate. PACN partners with Archway to accurately share information with providers to estimate stay lengths in order to determine the appropriate post-discharge services for patients.
“The goal for healthcare organizations is to provide better, more coordinated care for patients as they are discharged and continue their recoveries,” said Tim Grimes, CEO of PACN. “By partnering with Archway, we have the capacity to share data in real-time among providers to improve both care coordination and patient outcomes.”
To learn more about the key drivers for your organization in BPCI Advanced, contact the Archway team.
About Archway Health
Archway Health, founded in 2014 and built on a deep foundation of healthcare payment reform expertise, works with providers and employers to design and execute care and risk management initiatives that improve care and reduce costs. Archway is currently working with leading healthcare providers participating in risk-based contracts including Center for Medicare & Medicaid Innovation bundled payment programs such as the Bundled Payment for Care Improvement (BPCI) Advanced, Oncology Care Model (OCM), and Comprehensive Care for Joint Replacement (CJR). Archway also works with Medicare and commercial accountable care organizations (ACOs), self-insured employers, and commercial payers. To support these programs, Archway collaborates with organizations to analyze their opportunities and risks, and deploys a comprehensive platform of analytics, patient tracking tools, Value-Based Risk Protection stop-loss programs, and advisory services.