NYT: New Medical Care Networks Show Savings
http://www.nytimes.com/2012/09/12/health/policy/medical-care-networks-show-savings-study-finds.html?_r=0
I love me some Obamacare. Improving outcomes, saving money. Thanks Congressional Democrats and President Obama!!!
The sweeping law, enacted in 2010 and upheld by the Supreme Court this summer, encourages the creation of “accountable care organizations” — networks of hospitals, doctors groups and other health care providers that collaborate to keep a defined group of patients healthier. The groups share in the savings if they meet quality and cost targets.
The study, which is being published Wednesday in The Journal of the American Medical Association, found that a predecessor to accountable care organizations achieved particular savings in caring for patients eligible for both Medicare and Medicaid.
Many of those patients have multiple, severe health conditions and are especially expensive: The nation’s nine million “dual eligibles,” as they are known, make up 15 percent of the Medicaid population but account for 39 percent of the program’s spending.
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Over all, spending on dual eligibles in the program grew at only 60 percent of the rate of the control group.
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