TeamHealth’s TeamACO Cuts Medicare Post-Acute Costs by $15.8M in 2024
TeamACO, TeamHealth’s accountable care organization, achieved significant cost reductions in its first operational year, lowering avoidable Medicare costs by $15.8 million across 33 states in 2024. This performance positions TeamACO in the top third nationally for Hospital-Wide, 30-Day, All-Cause Readmissions, a key Medicare Shared Savings Program quality metric. The organization earned $6.1 million in shared savings, reflecting effective coordination between clinicians and post-acute care facilities and underscoring the value-based care impact on Medicare populations.
TeamACO's approach incorporated monthly root cause analyses of readmissions to refine clinical processes and improve patient outcomes, aligning with CMS goals for value-based care adoption by 2030. The reinvestment of savings into care infrastructure aims to enhance post-acute care delivery models, benefiting patients, clinicians, and facilities. TeamHealth’s expansive network, encompassing over 18,000 affiliated providers and partnerships with more than 2,400 care facilities, supports TeamACO’s mission to advance clinical quality and patient safety within post-acute settings through data-driven, clinician-led initiatives that integrate cost containment and quality improvement.