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PatientPing's National Network of Accountable Care Organizations Secures Over $260 Million in Savings

PatientPing allows ACOs to improve the quality of care for patients while simultaneously decreasing waste and cost. 

PatientPing's National Network of Accountable Care Organizations Secures Over $260 Million in Savings

By

Healthcare Business Review | Tuesday, March 02, 2021

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Through real-time admission, discharge, and transfer (ADT) data, a diverse nationwide network of approximately 9,000 healthcare providers, plus workflow solutions that optimize patient outcomes, PatientPing allows ACOs to improve the quality of care for patients while simultaneously decreasing waste and cost.


FREMONT, CA: PatientPing, the nation's leading care collaboration platform, has declared that its national network of Accountable Care Organizations (ACOs) earned a total of $263,780,912 in shared savings under the Centers for Medicare and Medicaid Innovation's (CMMI) Next Generation ACO Model for Performance Year (PY) 2019. This marks a 76 percent increase in total earned savings for PatientPing customers that took part in the model from 2018 to 2019. More than 50 percent of the top 20 ACOs to earn shared savings in the PY 2019 Next Generation ACO Model, and three of the top five are members of PatientPing's network. Moreover, PatientPing customers achieved an impressive 93 percent average pay-for-performance quality score.


Through real-time admission, discharge and transfer (ADT) data, a diverse nationwide network of approximately 9,000 healthcare providers, plus workflow solutions that optimize patient outcomes, PatientPing allows ACOs to improve the quality of care for patients while simultaneously decreasing waste and cost. Having important patient context at the point of care improves care coordination amongst providers, and improved visibility into post-discharge referral patterns supports safe care transitions and better patient retention. These insights also enable ACOs to monitor the utilization to direct patients to the right site of care and also decrease unnecessary acute and post-acute care utilization.


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