Nebraska Health Network Celebrates 10 Years
Ten years ago, a group of forward-thinking leaders established an Accountable Care Organization (ACO) as a partnership between Methodist Health System and Nebraska Medicine. The formation of an ACO positioned our two health systems for success in the emerging value-base care environment.
Originally named the Accountable Care Alliance, the ACO was governed by a committee of physician and administrative leaders from the two health systems. Today, the Nebraska Health Network (NHN) has 17 dedicated employees and includes more than 2,000 physicians and advanced practice providers.
As an ACO, the NHN establishes value-based contracts with government and commercial payers. This year, more than 165,000 lives will be managed in the NHN’s 13 value-based contracts with over a billion dollars of medical spend linked to these agreements.
Value-based contracts include special incentives for quality and cost performance. The NHN’s data and clinical teams work directly with providers to help them proactively identify patients in need of care. Over the last five years, the NHN has earned and distributed more than $15 million in shared savings.
As we look to the next five years and beyond, the NHN is aggressively working on enhanced data capabilities to provide even greater insight and predictive analytics surrounding patient care. 2020 priorities also include continued work on Chronic Care Management, Medical Risk Adjustments, Medicare Annual Wellness Visits and launching a Post-Acute Care strategy. For more information about the NHN, visit NebraskaHealthNetwork.com.
What is an Accountable Care Organization?
ACOs are networks of physicians and other health care providers who share financial and medical responsibility for patients. Together, we focus on quality of care, population health management, the patient experience and cost. In 2010, Methodist and Nebraska Medicine formed the Nebraska Health Network as our joint Accountable Care Organization. To learn more, view this 15-minute module that reviews ACOs and value-based health care.
Viewing the module fulfills the active engagement criteria for NHN providers, and CMEs are available.