McKnight's December 17, 2019
Genesis Healthcare’s accountable care organization, LTC ACO, is adding 200 new, unaffiliated long-term care facilities, the company announced Tuesday.
The move comes after the company announced plans during a third-quarter earnings call to expand its ACO outside of non-Genesis long-term care providers and boost its membership within the SNF industry in 2020.
“With nearly four years of participation under the [Medicare Shared Savings Program], we are proud to share our valuable experience in driving better outcomes and improved quality, managing episodic and chronic costs while developing in-house capabilities to predict program performance. It is a win-win for all parties and residents,” LTC ACO President Jason Feuerman said in a statement.
The organization is now in the process of...