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January 10, 2013
17:56 EDTUAMUniversal American's CHS gets approval for 15 new accountable care organizations
Universal American announced that its subsidiary, Collaborative Health Systems, or CHS, has partnered with 15 additional groups of physicians to form Accountable Care Organizations, or ACOs, that were approved to participate in the Medicare Shared Savings Program with an effective date of January 1. Together with the 16 ACOs previously approved by the Centers for Medicare & Medicaid Services, CMS, CHS has organized 31 ACOs approved for participation in the Shared Savings Program which include more than 2,000 participating physicians covering an estimated 300,000 Original Medicare beneficiaries in 13 states. CHS will provide care coordination, analytics and reporting, technology and other administrative services to enable these physicians and their associated healthcare providers to deliver better quality care, improved health and lower healthcare costs for their Medicare Fee-for-Service patients.
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