DALLAS – (COMMERCIAL THREAD) – Steward Health Care, through its subsidiary Steward National Care Network, ranked # 1 in membership, tied for # 1 in quality, and had the second shared savings gain on highest over 513 participants in Medicare’s Center for Medicare and Medicaid Service (CMS) Shared Savings Program (MSSP), according to recently released CMS data. As the largest physician-led healthcare network and Responsible Care Organization (ACO), Steward generated over $ 68 million in total Medicare savings in 2020 while achieving a Perfect Quality Score of 100. % amid the challenges of the global COVID-19 pandemic.
Since the launch of Steward’s Medicare Accountable Care Organization in 2012, it has grown into the nation’s largest, with over 161,000 program beneficiaries, while maintaining a multi-year track record of success in delivering high-quality clinical outcomes and generating constant savings. Steward’s Medicare ACO results are part of his broad portfolio of value-based successes through risk-based commercial, Medicare Advantage and Medicaid contracts in each state where Steward operates.
Despite significant market headwinds related to the ongoing COVID-19 pandemic, Steward’s 2020 performance year has been the most successful – which can be attributed to his physician-led, compassionate and focused model of care. on the patient. This model of care has been proven to reduce costs while dramatically increasing the quality of care and patient satisfaction in communities across the country.
“We are proud of our physicians and their clinical teams who participate in the MSSP program through our network, who have provided the highest quality care while aiming to keep their patients healthy in the communities where they live,” said Sanjay Shetty, MD, President of Steward North America. âThis significant designation confirms that our physician-driven, patient-centered model consistently delivers best-in-class outcomes for all stakeholders, including patients, payers and communities. ”
“Our comprehensive care management programs support newly hospitalized chronic disease patients with resources and programs in their communities and have been integral to our success and Medicare ACO mission of putting patients first in everything. that we do “, said Dr Joseph Weinstein, Chief Medical Officer of the Steward Health Care Network. âThe COVID-19 pandemic continues to pose many challenges, but our unwavering commitment to providing high quality, value-based care in all the communities we call home is and will remain the central tenet of our work. ”
About Steward Health Care
Steward Health Care’s physician-led business model was designed to open up access to the highest quality care at a sustainable cost, committing to providing personalized and ongoing medical services that positively impact the patient’s health. the physical, emotional and mental well-being of patients.
Founded in 2010, Steward Health Care is the world’s largest physician-led healthcare network with more than 5,500 providers and 43,000 healthcare professionals caring for 12.3 million patients per year through its global network of ‘hospitals, emergency care centers, skilled nursing and behavioral health facilities. services.
Based in Dallas, Steward currently operates 44 hospitals worldwide, including 34 in Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania, Texas and Utah, as well as five internationally in Malta and Colombia.