DCI ESCOs achieve millions in shared savings during first year reporting

 
 
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* Dialysis
* Esco
* Kidney Disease

Industry:
* Business

Location:
* Nashville - Tennessee - US

NASHVILLE, Tenn. - Oct. 19, 2017 - PRLog -- Dialysis Clinic, Inc. (DCI) joined with groups of health care providers and suppliers in three markets to form ESCOs, End Stage Renal Disease (ESRD) Seamless Care Organizations, to improve care delivery specific to Medicare beneficiaries with kidney failure under the new Comprehensive End-Stage Renal Disease Care (CEC) Model. The first round of ESCOs launched in October 2015 with the expectation of improved care coordination for dialysis patients while evaluating a new payment model. The first year financial reports have been released by the Centers for Medicare and Medicaid Services (CMS). In DCI's initial three ESCOs, the collective shared savings is $6,839,119.79, or a 5.3% reduction in expenditures.

The shared savings figures and percentages show:

·      Music City Kidney Care Alliance with $1,456,647.81 shared savings, which is a 3.0% savings.

·      Palmetto Kidney Care Alliance with $3,893,103.28 shared savings, which is an 11.2% savings.

·      Metropolitan Kidney Care Alliance with $1,489,368.70 shared savings, which is a 3.3% savings.

"The ESCOs have challenged providers at DCI to look beyond the accepted current method of care and embrace new ideas," said Doug Johnson, MD, vice chairman of the board at DCI. "We've been able to improve care coordination across our organization. It's wonderful to see that we can deliver a better experience for patients at a lower cost to CMS."

The Music City Kidney Care Alliance operates in the Middle Tennessee area. In performance year one, Music City Kidney Care Alliance participants included Adel Saleh, MD; Alive Hospice, Inc.; Aspire Health Medical Partners of Middle Tennessee, PC; Nephrology Associates, PC; The Surgical Clinic, PLLC; and Dialysis Clinic, Inc. The Music City Kidney Care Alliance served a population of approximately 465 Medicare ESRD beneficiaries in the Middle Tennessee area.

The Palmetto Kidney Care Alliance served a population of approximately 350 Medicare ESRD beneficiaries in Upstate South Carolina during its first performance year. Participants included Gentiva Health Services, Spartanburg Nephrology Associates, Spartanburg Regional Healthcare System, and Dialysis Clinic, Inc.

Approximately 385 Medicare ESRD beneficiaries in Central New Jersey and Staten Island were served by the Metropolitan Kidney Care Alliance in its first performance year. The community providers participating in the ESCO included the Associated Renal and Hypertension Group, PC;  Highland Park Surgical Associates,  PA; Hypertension and Nephrology Specialists, LLC; Island Nephrology Services, PC.; Mehdi Naqui, MD; Montgomery Nephrology & Hypertension Associates, PC; Toros Kapoian, MD, FACP; and Dialysis Clinic, Inc.

Participants in the ESCO that are designated as owners are clinically and financially responsible for all care offered to patients in the ESCO programs, not just dialysis care or care specifically related to a patient's kidney disease. The ESCO gives providers a unique opportunity to take ownership of both the clinical and financial outcomes of each ESRD patient.

"At DCI, we believe the ESCO model is the way of the future," said Johnson. "We began with three ESCOs in 2015, added three more when applications re-opened in 2016, and we'd consider more if applications opened again. Collaboration with a variety of health care providers is essential to improve care for people with kidney disease."

Learn more about DCI ESCOs at http://www.dciinc.org/escos/.

Contact
Jessica Emler
***@dciinc.org
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Source:Dialysis Clinic, Inc.
Email:***@dciinc.org Email Verified
Tags:Dialysis, Esco, Kidney Disease
Industry:Business
Location:Nashville - Tennessee - United States
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