Healthcare Insights
Top 5 ACOs in Michigan by gross savings
Accountable care organizations (ACOs) are collaborative networks of healthcare providers, including physicians, hospitals, and specialists coordinating care for specific patient groups. These organizations focus on delivering high-quality care to Medicare-eligible patients, particularly older adults and individuals with chronic conditions or disabilities. The goal of ACOs, including those in Michigan, is to provide cost-effective, patient-centered care by reducing unnecessary treatments and improving overall care outcomes.
The Definitive Healthcare ConnectedCareView product offers valuable insights into ACOs in each state by tracking their performance across several metrics. Among these is the gross Medicare savings each ACO generates, calculated by subtracting the total beneficiary expenditures from the ACO’s total expenditures. This value represents the ACO’s overall savings or losses, which are then shared between the ACO and the Centers for Medicare & Medicaid Services (CMS). This data is vital in understanding the financial and operational success of each ACO in Michigan.
| Rank | Definitive ID | MI ACO name | City | ACO start date | (Gross) Generated savings/losses | Patient population | Explore dataset |
|---|---|---|---|---|---|---|---|
| 1 | 800813 | USMM Accountable Care Partners | Troy | 2015 Q1 | $35,120,362 | 13,885 | Explore |
| 2 | 904056 | Trinity Health Integrated Care | Livonia | 2017 Q1 | $25,559,424 | 65,619 | Explore |
| 3 | 903985 | McLaren High Performance Network | Auburn Hills | 2017 Q1 | $13,676,387 | 30,004 | Explore |
| 4 | 552185 | Beaumont ACO (FKA Oakwood Accountable Care Organization) | Southfield | 2012 Q3 | $10,724,295 | 27,465 | Explore |
| 5 | 800722 | Genesys PHO (AKA Integrated Providers) | Burton | 2015 Q1 | $5,325,133 | 8,745 | Explore |
Fig. 1 Data is from the Definitive Healthcare ConnectedCareView product. Data is sourced from Definitive Healthcare’s proprietary research and CMS Physicians Compare. Data accessed September 2024.
Which ACOs in Michigan generated the greatest savings?
Definitive Healthcare data reveals that several Michigan ACOs have achieved impressive savings. Leading the list is USMM Accountable Care Partners, based in Troy, which generated over $35 million in Medicare savings. This ACO serves a patient population of 13,885 and has been in operation since 2015. Their coordinated care model has significantly improved patient outcomes while reducing healthcare costs.
Coming in second is Trinity Health Integrated Care, located in Livonia, which achieved gross Medicare savings of more than $25.5 million. With a much larger patient base of 65,619, Trinity Health Integrated Care has shown how a larger-scale ACO can generate significant savings by focusing on preventive care and reducing unnecessary hospitalizations.
McLaren High Performance Network, based in Auburn Hills, ranks third, generating over $13.6 million in savings. Serving a patient population of 30,004, McLaren’s ACO continues to demonstrate how coordinated care and effective communication between providers can lead to substantial cost reductions while improving patient outcomes.
The top 5 ACOs in Michigan on this list had an average gross savings of $18.1 million. These ACOs serve an average patient population of about 29,000, leading to savings of approximately $620 per patient. This emphasizes the significant impact Michigan ACOs have on reducing healthcare costs while serving large populations efficiently.
What are the benefits of an ACO?
ACOs play a vital role in improving the overall healthcare experience for both providers and patients. Through coordinated efforts, ACOs can streamline care, reduce costs, and enhance patient satisfaction.
Accessibility: One of the core features of Michigan accountable care organizations is their commitment to improving patient access to care. By working closely with physicians and other healthcare providers, Michigan ACOs often offer extended hours, including evenings and weekends, ensuring patients have timely access to medical services.
Better communication: ACOs emphasize open and clear communication between patients and providers. This ensures that patients are well-informed about their treatment options, which improves satisfaction and strengthens trust in their healthcare team. Additionally, better communication helps providers avoid redundant tests and treatments.
Higher quality care: Michigan ACOs ensure only necessary medical interventions are performed. This approach not only reduces healthcare costs but also improves the quality of care by preventing unnecessary procedures and optimizing the care pathway through coordinated electronic health records (EHRs) and real-time data sharing.
Learn more
Healthcare Insights are powered by healthcare commercial intelligence. Definitive Healthcare offers businesses and healthcare providers access to in-depth data on Michigan ACOs, hospitals, physician groups, and other healthcare entities.
Want more detailed insights into Michigan accountable care organizations or need to explore the list of ACOs by state? Start a free trial today and gain access to the latest healthcare intelligence, helping you optimize your strategies and stay ahead in the healthcare market.
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