![]() ![]() “OACN’s 2020 results demonstrate the return on investments we have made in sophisticated analytics tools and technologies,” said Sidney “Beau” Raymond, MD, Medical Director of OACN. Leveraged robust health data, tools, and technologies to support clinicians in outreaching to and caring for vulnerable patients with chronic conditions.Deployed tools and technology that identified and predicted health risks in patients.Launched virtual and in-home wellness visit capabilities.Converted 90,000 Medicare office visits into virtual visits.Scored 98.13 percent across CMS Medicare Shared Savings Program measures.Saved more than $30 million in Medicare dollars, nearly $1000 per beneficiary.Reduced in-patient hospitalizations by 17 percent.Reduced emergency department visits by 20 percent.OACN’s 2020 performance results demonstrated key efforts that contributed to multi-dimensional improvements and shared savings, including: Despite these extreme pressures, our team pioneered solutions to improve access, quality and cost of care.” “COVID-19 exacerbated healthcare disparities, broadly impacting the already vulnerable populations we serve. “Remarkably, these unprecedented savings were realized during a year of extraordinary challenges,” he continued. “Just last year, we saved nearly $1,000 per beneficiary – a direct result of our provider network’s shared vision and close collaboration between clinicians and patients.” “OACN’s 2020 performance demonstrates the power of our clinically integrated network, bringing together providers, sharing best practices, and creating efficiencies to lower costs and improve quality of care,” said David Carmouche, MD, Executive Vice-President of Value Based Care and Network Operations, Ochsner Health, and President, Ochsner Health Network. Of the 99 ACOs with 30,000+ Medicare beneficiaries, OACN achieved the second highest savings rate in the country. The 2020 results positioned OACN as one of the nation’s top ACOs, now number 13 out of 513 organizations. This is OACN’s fourth consecutive year of savings, marking a 163 percent increase in savings since 2017. Louisiana’s largest ACO, the Ochsner Accountable Care Network, LLC (OACN), released its 2020 performance results today, showing reductions in its expected cost of care by more than $30.3 million for its 31,000 Medicare beneficiaries. ![]()
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